Get Your Oregon NMLS Mortgage License

Become an Oregon loan officer with the mortgage educator you can trust

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Choose from these Oregon mortgage education courses to get your NMLS license

Start your Oregon mortgage broker career with confidence with our NMLS-approved mortgage courses. Be prepared for the Oregon mortgage loan originator NMLS exam with our 20-hour Oregon SAFE course. This comprehensive course meets the SAFE Act mortgage pre-license education requirements for new mortgage loan officers. 

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20 Hour OR SAFE Comprehensive: Oregon Applying Mortgage Knowledge to Exam Preparation (OIL)

Format | Online Instructor-Led

Credit Hours | 20

Category | Comprehensive

SKU | 4301OR00000C00

$349.00

More Info

20 Hour OR SAFE Comprehensive Applying Mortgage Knowledge to Exam Preparation is a test-focused mortgage pre-licensing course, organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This course meets the federal mortgage training requirements found in the SAFE Act and helps to prepare students for the National Mortgage Loan Originator Test. This MLO pre-licensing online course also satisfies the required 4 hours of Oregon law.

4 Hour OR SAFE Review of Oregon Mortgage Law (OIL)

Format | Online Instructor-Led

Credit Hours | 4

Category | Elective

SKU | 4309OR00450C00

$109.00

More Info

4 Hour OR SAFE Review of Oregon Mortgage Law provides a review of the laws that impact mortgage activities in Oregon. In Module 1, students will spend two hours reviewing the Oregon SAFE Act, the Oregon Mortgage Lender Law, and the Oregon Administrative Rules. Students will examine the authority of the Department of Consumer and Business Services, definitions important for understanding the law, information on license qualifications and the application process, licensee responsibilities, and prohibited conduct. In Module 2, students will spend the remaining two hours of the course reviewing provisions of the law related to mortgages and trust deeds, the Oregon Mortgage Rescue Fraud Prevention Act, the Oregon Consumer Identity Theft Protection Act, provisions of the law related to interest and repayment restrictions, the Unlawful Trade Practices Act, and Oregon Real Estate Law. Students will be provided an overview of each of the laws as they pertain to mortgage licensees doing business in the state. This online - instructor led course meets the 4-hour Oregon-specific pre-licensing education requirement for loan originators and offers a thorough review of the information and laws that license applicants must understand in order to make, broker, or originate loans in compliance with Oregon law.

PLATINUM: Mortgage Exam Prep Suite with Prep xL Personalized Learning

Format | Online Self-Paced

Category | Exam Prep

SKU | national-nmls-mortgage

$199.00

More Info

Take your Mortgage License Exam Prep to the next level with personalized learning!

This online Platinum Mortgage Exam Prep Suite includes Prep xL Personalized Learning, a sophisticated mortgage exam prep tool for anyone that is preparing to take their mortgage license exam. It leverages personalized learning technology to tailor study materials and create customized learning paths to help ensure you pass the NMLS mortgage exam on your first try! Perfect for individuals who have limited experience in the mortgage industry and need to pass the NMLS mortgage exam.

This package includes:

- NMLS Exam Test-Taking Tips

- SAFE Mortgage Loan Originator National + UST Content Material

- OVER 1200 questions

- Eight Simulated Exams

- OVER 800 Interactive Flashcards

- Personalized Dashboard

- Real-time Reports

- Mobile Compatible

NOTE: This is not an NMLS-approved course and will not satisfy the pre-license education requirements.

GOLD: Mortgage Exam Prep Suite

Format | Online Self-Paced

Category | Exam Prep

SKU | 4304US00050A00

$169.00

More Info

Gain confidence in taking the rigorous NMLS exam!

This online mortgage license package is designed for individuals who have some experience in the mortgage industry, and need to pass the NMLS mortgage license exam. It includes comprehensive tools including test-taking tips, comprehensive content and over 375 practice questions.

This online mortgage license exam prep package includes:

- NMLS Exam Test-Taking Tips

- SAFE Mortgage Loan Originator National + UST Content Material

- 375 practice questions

NOTE: This is not an NMLS-approved course and will not satisfy the pre-license education requirements.

 Your Success is Our #1 Priority

OnCourse Learning empowers aspiring mortgage loan originators and seasoned mortgage loan officers to take their learning experience to the next level. Get and maintain your NMLS license with NMLS-approved mortgage pre-licensing, continuing education, and late CE courses, plus exam prep tools to help you pass your NMLS license exam. With over 50 years of experience, we are proud to offer the ultimate learning experience no matter where you are at in your mortgage education journey.

We’ve helped over 300,000 mortgage brokers begin and advance their careers. Get started today!

Oregon Mortgage License Requirements

Oregon Mortgage License Requirements

Learn about the Oregon mortgage education needs and additional requirements for mortgage licensing.

In the state of Oregon, mortgage loan originators are required to:

  1. Complete a Criminal Background Check (CBC)
  2. Authorize a credit report through the NMLS.
  3. Fulfill all state and federal education requirements as designated by your state agency.
  4. Take and pass the National Component.
  5. Bond amount: Covered by sponsor’s bond. If sponsor doesn’t have bond, MLO must provide bond between $50,000 and $200,000.

Oregon NLMS Pre-Licensing Education Requirements

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 8 hours of electives
  • 4 hours of Oregon state-specific education

NOTE: PE education must be completed within 3yrs of new or subsequent license application

Oregon Continuing Education Requirements

State-licensed MLOs are required to complete 10 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:

  • 3 hours of federal law
  • 2 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 1 hour of electives
  • 2 hours of Oregon state-specific education

MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.

Oregon Mortgage Licensing: More Information

Oregon Division of Financial Regulation

Phone: 503-378-4140

Email: NMLS.Licensing@state.or.us

Website: dfcs.oregon.gov  

NMLS Resources:

To view the Oregon License Description Page, please click here.

Professional Standards: Mortgage Education – click here

Professional Standards: Criminal Background Check – click here

Professional Standards: Credit Report – click here

Professional Standards: Mortgage Education – click here

Professional Standards: MLO Testing – click here

 

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