Texas OCCC Mortgage License Requirements
Learn about the Texas (OCCC) mortgage education requirements for mortgage licensing.
In the state of Texas (OCCC), mortgage loan originators are required to:
- Complete a Criminal Background Check (CBC).
- Authorize a credit report through the NMLS.
- Fulfill all state and federal education requirements as designated by your state agency.
- Take and pass a National Test.
- Recovery Fund: Applicants and licensed mortgage loan originators must pay a non-refundable recovery fund fee to the Office of Consumer Credit Commissioner at the time of application and at the time of renewal.
Texas (OCCC) NMLS 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 training
- 12 hours of electives
Note: Individuals who fail to maintain an active, valid license for at least 3 years must satisfactorily complete the twenty (20) hours of pre-licensing education within the three (3) year period immediately preceding the date of application for licensure.
Texas (OCCC) Continuing Education Requirements:
State-licensed MLOs are required to complete 8 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
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.
Texas (OCCC) Mortgage Licensing:
- Texas Office of Consumer Credit Commissioner
- Phone: 800-538-1579
- Website: occc.texas.gov
NMLS Resources:
- Texas (OCCC) MLO License Description Page
- Professional Standards: Mortgage Education
- Professional Standards: Criminal Background Check
- Professional Standards: Credit Report
- Professional Standards: MLO Testing