Licensing

Question 1

Hours of Pre-licensing Education

Answer 1

20; (3 Hours ethics, 2 hours of non traditional mortgage standards, 12 hours undefined Education)

Question 2

Hours of Continuing Education 8

Answer 2

8; (3 hours of federal law, 2 hours of ethics, 2 hours of non-traditional mortgage standards, 1 hour of undefined education)

Question 3

Steps to Obtain an MLO License

Answer 3

1. Register with the NMLS
2. Complete 20 hours of pre-licensing education
3. Pass SAFE with at least a 75%