New state-licensed MLOs are required to complete a minimum of 20 hours of NMLS-approved pre-licensing education. These 20 hours must include:
3 hours of Federal law
3 hours of ethics (covering fraud, consumer protection, and fair lending)
2 hours of non-traditional mortgage lending
12 hours of elective (undefined) education
This breakdown totals 3/3/2/12 = 20 hours.
Please note that this course does not include state-specific law hours. Be sure to check whether your state requires additional hours by visiting the State-Specific Education Requirements page.
Here is what is included with all our courses: Online lessons with 24/7 instructor support. Interactive quizzes and final exam. Over 400 sample study questions for the National Exam Free Downloadable PDF course textbook to study at your leisure We submit course completions within 24 hours to NMLS. 24-7 Course Access No specific time required
Here is what is included with all our courses: Online lessons with 24/7 instructor support. Interactive quizzes and final exam. Over 400 sample study questions for the National Exam Free Downloadable PDF course textbook to study at your leisure We submit course completions within 24 hours to NMLS. 24-7 Course Access No specific time required
Here is what is included with all our courses: Online lessons with 24/7 instructor support. Interactive quizzes and final exam. Over 400 sample study questions for the National Exam Free Downloadable PDF course textbook to study at your leisure We submit course completions within 24 hours to NMLS. 24-7 Course Access No specific time required
