Utah - DRE Mortgage License Requirements
Application Requirements to become licensed in Utah – DRE as a Loan Originator or a Lending Manager:
| Description | Requirement |
|---|---|
| Temporary Authority to Operate Eligible | Yes |
| Application Fee | $100.00 |
| License Registration Fee | $18.00 |
| NMLS Processing Fee | $35.00 |
| Sponsorship Fee* | $0.00 |
| Credit Report Required | $15.00 |
| Criminal Background Check Required | $36.25 |
| Testing Required | Yes, passing score of 75% or higher |
| SAFE MLO Test Cost | $110.00 |
| Work Remote Allowed | No |
*Note: A sponsorship request must be submitted by your employer. UT-DRE will review and accept or reject the sponsorship request.
MLO Utah (DRE) 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
15 hours of UT-DRE approved instruction (This course will not be banked to your NMLS education record. The 15 hour completion certificate must be submitted directly to Utah DRE via realestate@utah.gov.)
Lending Manager Utah (DRE) Pre-Licensing Education Requirements:
New state-licensed Lending Managers 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
40 hours of certifying approved Lending Manager pre-license education completed from a Utah-approved Mortgage Pre-Licensing School. (In lieu of a completion certificate, a Certifying Form must be stamped and signed by OnCourse Learning.)
You need a passing score on the Lending Manager exam to get your Lending Manager License. You must also provide the original one-page exam results and the two-page application and social security verification form to the UT-DRE. A link to these forms is provided on the passing exam results page.
Utah (DRE) Continuing Education Requirements:
State-licensed MLOs and Lending Managers are required to complete 9 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
1 hour Utah-specific law
The deadline to complete annual CE is December 15th. Â
UT-DRE requires 10 hours total, including 2hr State Specific Late CE for any outstanding CE prior to 1/1/2024.
Utah Division of Real Estate Contact Info:Â
Phone: 801-530-6747
Email:Â realestate@utah.gov
Website:Â realestate.utah.gov
