Mortgage Educators and Compliance is proud to announce that we have teamed up with Tom Jacovino, owner of The CT Professional Business School. Through him, we are able to provide you with quality education for both seasoned, and aspiring mortgage loan originators. Please be reminded that we do not offer classes for real estate agents. Look through the links below for the education that best suits you, and don't forget to use Tom's coupon codes to get the best deals on your education!
20 Hour PE Coupon Code: TOM20PE
8 Hour CE Coupon Code: TOM8CE
Remember, for any other products you can use the code TOM3030 for thirty percent (30%) off any other item!
Can't seem to find what you're looking for? Check us out here on our site to see what else we can offer you!
Get Your Mortgage Loan Originator License in 2024!
WA Pre-Licensing Bundle
Starting at: $399 Now Only $279!
Use Promo Code: WAPEDEAL
Licensed in another state and want to add Washington?
Now Only $99.98!
Use Promo Code: WAPE99
How to Get an NMLS Mortgage License in Washington
Home ownership is a huge dream for people across the nation, which makes a mortgage loan originator career both lucrative and enriching to pursue. Mortgage Educators and Compliance (MEC) is ready to help you with every step of your journey to get your license as a mortgage loan originator in Washington. We have provided the six steps below.
1. Apply for your NMLS Account and ID Number
You’ll first need to set up an account with the nationwide mortgage licensing system (NMLS) which will provide you with an NMLS ID number to start the mortgage pre-license process. To do so, go to the NMLS website.
2. Complete your NMLS Pre-License Education
After you’ve accessed your account on the NMLS website and received your NMLS ID, you can now register for and take NMLS approved pre-licensure courses for mortgage loan originators. Washington requires 22 hours (18 hours on specified topics & 4 hours of elective topics) SAFE pre-licensure education.
3. Need to Pass the NMLS Mortgage Licensing Exam
All license applicants need to schedule an appointment for and successfully complete the national test component. To pass, you must score at least a 75%. Note that this is not an easy test (the first time pass rate is generally below 60%), but MEC will ensure that you are well prepared to pass the NMLS exam with ease, on the first go. Find out more on how to take your NMLS exam here.
4. Complete Background Checks and Pay All Fees
To finalize your application and receive your license, you'll need to pay several non-refundable fees and complete a criminal background check. As part of your background check, a pull of your credit report will be required. Find out more about how to complete your background check and fingerprints here.
5. Apply for your Washington Mortgage License
After receiving a passing score on your NMLS exam, you need to apply for your Washington NMLS license, but you are well on your way to start your mortgage loan originator business! You can find more information on how to apply here.
6. Associate your NMLS Account with your Employer
Your mortgage license will be in a pending state in Washington, even after passing the national exam, until you have employer sponsorship through a mortgage company or other approved financial institution like a credit union or bank, which lets the government know that an employer is supervising your business activities as a licensed mortgage loan originator and that every financial regulation is followed. In other words, you cannot engage solely on your own; you must be supervised directly at all times once you get your mortgage loan originator license. Learn how to associate your NMLS account with your chosen employer here.
Earn Your Washington Mortgage License
While obtaining a mortgage loan originator license and becoming a mortgage loan officer in Washington is very simple and the compensation can be tremendous, it’s not for everyone. At the end of the day, you are running a loan processing business, so it takes a willingness to learn the basic ins and outs of the industry and a desire to work hard to get that next sale.
That said, the mortgage industry is a great one to get into as it provides a lot of flexibility and can be extremely rewarding. If you like to work hard, you are a people person, and you have a desire to learn, becoming a mortgage loan officer is the perfect choice for you.
Fortunately, we are here to help. MEC’s industry experts with years of experience both created all class curriculums and will serve as a live instructor for each class. This means you’ll get quality education with a live instructor. Each course is informative and entertaining. But the best part is that our experts will assist you in your first steps towards your mortgage loan originator license. Before long, you will excel in your career as a loan officer.
Washington Frequently Asked Questions
In an effort to curb the predatory lending practices that led to the demise of the housing and residential mortgage industry in 2008, the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE) was enacted. This opened up a world of opportunity to those driven to attain an MLO license and then work hard to match people with loan products.
| Topic | Hours Required |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Non-Standard Lending | 2 Hours |
| Undefined Electives | 10 Hours |
| Washington Specific Education | 4 Hours |
| Total 22 Hours | |
Although it hasn't been enacted, be on the look out for the PE expiration policy coming soon. It states - If you complete the required 20 hours of education but do not obtain your license for a 3-year period, you'll need to repeat the coursework. The same applies if you let your license lapse for 3+ years before you want to get back into the industry.
A “mortgage broker” refers to an individual or an organization that connects consumers with mortgage loans from a variety of companies. Mortgage brokers frequently employ loan officers. In contrast, a loan officer is an employee who regularly works with borrowers and provides loans that are originated by their employer. Brokers and loan officers need different types of licenses.
Earning your mortgage broker license in Washington should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in Washington:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Washington License Fee | $125 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $206.25 |
On an annual basis, Washington MLO license holders must complete 9 total hours of Comprehensive Continuing Education that must cover:
| Topic | Required Hours |
|---|---|
| Federal Regulations and Law | 3 Hours |
| Ethics, including consumer protection, fair lending | 2 Hours |
| Non-Traditional mortgage lending | 2 Hours |
| General Elective | 1 Hour |
| Washington State Elective | 1 Hour |
Remember to take into account the “successive years” rule, which prohibits loan officers from taking the same CE course two years in a row.
Mortgage Educators changes its continuing education course annually to ensure there are no issues with the successive years rule.
The deadline to complete CE in Washington is December 15th. MLO's in Washington are actually prevented from applying for license renewal until they have completed their CE.
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your Washington mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
Become an MLO in Washington
Whether you are looking for a Washington mortgage license renewal or are seeking to obtain your license for the first time, our courses will help you meet all the educational requirements and prepare you to pass the national NMLS test.
If you have any questions about our courses, or about how to become an MLO, contact us today. We’re more than happy to answer any questions you may have.
Mortgage New License Training | NMLS Education 2025
Over 43 Years of Mortgage Industry Expertise
Are you looking to obtain a license as a loan officer (also called a mortgage loan originator or MLO)? Look no further than Mortgage Educators and Compliance (MEC) to get your training in mortgage law, regular and non-traditional mortgage lending, and more!
By taking the online, instructor-led NMLS-approved course #2161 you will have completed the required comprehensive NMLS-approved education hours you need to become a licensed mortgage loan originator. All states require a minimum of 20 hours of mortgage pre-licensing education from an NMLS-approved mortgage school.
Use coupon code: JUNPL
Join our Facebook study group for additional help
What is the NMLS?
The Secure and Fair Enforcement Act, also known as the "SAFE" Act was a mortgage licensing act passed in 2008 for better enforcement for mortgage licensing. It established universal state education and testing requirements and the Nationwide Multistate Licensing System and Registry (NMLS). The NMLS was created as a licensing and registration resource for prospective and current mortgage professionals . It was also meant to bring about fair enforcement for mortgage practices, which it has. Beyond the benefits it has brought to licensed mortgage loan originators, it has provided consumers more financial protection and a better way to search for a mortgage company and/or specific mortgage loan originator.
All NMLS requirements for pre-license and continuing education (CE) hours must be completed, recorded, and verified through an NMLS provider, a company that provides NMLS approved education. The most popular and common format in many states for pre-license courses is online instructor-led.
Is MEC the right mortgage school for me?
MEC has been an NMLS approved education provider since 2009 (Provider #1400062 which can be verified on the NMLS approved provider list). MEC passes thousands of students each year in multiple states through the 20 hour education course and the national exam. MEC not only delivers updated and relevant content but has instructors that are currently in the mortgage industry to help you become the licensed mortgage loan originator you want to be. We include our test prep course to help you pass the national exam on the first try. Customer service is our first priority and our online courses are easy to navigate providing you the most complete positive learning experience.
Does this course work and is valid in my state?
Each state has different education requirements but all require at least 20 Hours of approved pre-license education. Some states require additional elective hours. In other words, this course will work in any state for the comprehensive education requirement, but your state may require you to complete additional or specific hours that must also be completed. For an updated state-specific education chart use the link provided to find out if your state has any requirements outside of the 20 Hour SAFE Course. (NMLS Education Quick Link WEBSITE)
The minimum pre-license education requirements for new mortgage loan originators is outlined in the SAFE Act according to the following categories:
-
3 hours of Federal law and regulations
-
3 hours of ethics & fraud
-
2 hours of lending standards related to non-traditional mortgage products
-
12 hours of undefined instruction on mortgage origination
Make sure to add our new Ultimate Package!
This includes our First Time Pass Guarantee! If you do not pass the NMLS National Exam after satisfying the requirements below, $110 or the package purchase price, whichever is less, will be refunded back to you within 45 days of receipt of such request. MEC shall only provide one refund per purchase.
In order to be eligible for a refund you must have:
1. watched all Test Prep Ultimate study videos and have passed all the practice unit
quizzes as well as the final exam (with unlimited retakes) with an 75% or better
score (the “Test Prep”);
2. taken and failed the NMLS National Exam no more than 30 calendar days after
completing the Test Prep; and
3. sent a refund request to MEC at [email protected], with a copy of the
test results attached, within 30 days of the failed test.
MEC's Course Format
This course is broken up into 5 minute sections. Each section contains pre-recorded videos followed by activities and small quizzes. We offer interactive video along with our presentation to improve the learning experience. We have weekly scheduled start dates allowing you access to the materials 24/7 once the course and chapter is loaded into your online account. The course has 7 total chapters which take approximately 2-3 hours each to complete. The course content topic outline follows the NMLS national exam topics.
Mortgage MEC NMLS #2161 Online Course Content Online :
- Chapter 1 - Becoming an MLO
- Chapter 2 - Learning the Products and the Programs
- Chapter 3 - Initial Application
- Chapter 4 - Processing and Underwriting
- Chapter 5 - Closing and Funding
- Chapter 6 - Mortgage Ethics
- End of Course Assessment
Choose from several start dates each week and 3, 5, or 14 day track dates. All NMLS approved online instructor led courses are required to have a defined time frame of completion of either 3 or up to 14 calendar day end date. There is a live instructor leading each course track that may be used to answer questions by phone, email or live chat.
Did you know that approximately 50% of the NMLS National Exam is not covered by the 8 hours of NMLS-mandated courses "core" topics mandated by the NMLS? Therefore, the 20 hour NMLS-approved course you choose to prepare you to pass the National NMLS Exam does matter!
At Mortgage Educators and Compliance, we have opted to allocate the 12 elective hours in 2024 to address the 50 percent of the Exam NOT covered in the "core" 8 hours. This includes detailed content concerning both mortgage loan origination activities and general mortgage knowledge. We also use a portion of the 12 hours to expand upon the most difficult section of the National NMLS Exam: Federal Laws and Regulations.
In order to provide you with the greatest opportunity to pass the National NMLS Exam with USC, we built the entire 20 hour course around the NMLS National Test Component With USC Outline. All topics and subtopics addressed on the outline are covered in great detail in our 20 Hour SAFE Comprehensive OIL (online instructor-led) Course. Also, each person applying for their mortgage license who signs up for our 20 Hour National SAFE Comprehensive pre-licensure standard course bundle will receive FREE access to our online NMLS national test
Below are some things you should know about the test and education breakdown.
NMLS National Exam with USC
The National NMLS Exam tests you in five major categories:
- Federal Law (23%)
- General Mortgage Knowledge (23%)
- Loan Origination Activities (25%)
- Ethics (16%)
- Uniform State Content (13%)
Required Education NMLS APPROVED COURSE #2161
The SAFE Act mandates that all individuals seeking mortgage licenses take 20 hours of Pre-license education to receive their mortgage license. Although 20 hours are required, only 8 of the 20 hours have topics prescribed by the NMLS governing body. The 20 hours are broken down as follows:
8 Core Hours:
- 3 hours of Federal law and regulations;
- 3 hours of ethics, this shall include instruction on fraud, consumer protection, and fair lending issues;
- 2 hours of training related to lending standards for the nontraditional mortgage product marketplace; and
12 hours of undefined elective instruction on mortgage origination:
Our NMLS approved 20 hour online instructor led bundle is comprehensive and has several available start dates and times to choose from.
Use coupon code: JUNPL
Start your mortgage career today!
EMAIL [email protected] for any further questions.
NMLS License Texas: How to Become a Mortgage Loan Officer in Texas
Texas Pre-Licensing Bundle
Starting at: $399 Now Only $269!
Use Promo Code: TXPE269
Licensed in another state and want to add Texas?
Now Only $74.98!
Use Promo Code: TXPE75
Additional General Electives
Texas requires 20 hours of general elective that cannot be fulfilled using any other state specific electives. For your convenience, MEC offers both a 2 hour and 4 hour general elective course to fulfill the license's educational requirements.
How to Get an NMLS Mortgage License in Texas
Are you interested in starting a new career? Learn how to become a loan officer in Texas and get your license from the nationwide mortgage licensing system through this NMLS Texas guide. There are six main steps you need to follow as well as information regarding costs, education, and other requirements to become a licensed mortgage loan originator.
|
Step 1 |
Step 2 |
Step 3 |
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Apply For Your NMLS Account and ID Number |
Complete Your NMLS Pre-License Education |
Need to Pass the NMLS Mortgage Licensing Exam |
||||||||
|
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (or the SAFE Act) changed the way mortgage loans are processed, including the requirement to register both federally and at the state level through the same registration system, NMLS (or Nationwide Multistate Licensing System), which is fully online. Therefore, the first step to getting the mortgage loan originator license status in Texas is to register with the NMLS by applying online for an account and NMLS ID number. To do so, go to the NMLS website. |
With access to the NMLS website, you can obtain and complete your pre-license education. The Texas Department of Savings and Mortgage Lending requires 23 hours (20 hours & 3 hours elective) of SAFE education before you are able to apply and obtain your mortgage loan officer license. |
With your pre-license education complete, your hours will be reported to the NMLS via your education provider, you will want to schedule an appointment for the National Test. Find out more on how to take your NMLS test here. Also check out the NMLS MLO testing handbook. Note that you must pass with at least a 75% or greater or you will have to take the exam again. The first time pass rate is above 50% at 58% (according to a statement made by the NMLS), but passing is not an easy task. |
||||||||
Step 4 |
Step 5 |
Step 6 |
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Complete Background Checks and Pay All Fees |
Apply for Your Texas Mortgage License |
Associate Your NMLS Account with Your Employer |
||||||||
|
To finalize your application and receive your license, you will need to pay several non-refundable fees, including an application fee, filing fees and a criminal background check (this will also include review of your credit report). Find out more about how to complete your background check here. |
After receiving a passing score on your NMLS mortgage licensing exam, you need to apply for your Texas SML mortgage loan originator license. You can find more information on this step here. |
Your license will still be pending with the Texas office until you have employer sponsorship through the bank, credit union, or other company of your choice. This sponsorship lets the government know that an employer is supervising your individual license. Learn how to associate your NMLS account with your employer here. |
Becoming a Mortgage Loan Originator in Texas
We’ll be honest, getting your MLO license in Texas takes determination and dedication. You must focus during instruction, study hard and prepare thoroughly for the licensing exam, and then keep up with continuing education requirements because regulations in lending can change dramatically. There will be times when business is booming and other times when business is slow, so you'll have to learn how to create and stick to a schedule.
With your license in Texas, you can have a lucrative career and receive great compensation for your efforts, but you can also help people’s home dreams come true as you help them buy, rehab, remodel, and renew the house of their dreams. Bring joy to your clients as you help them through each step of the process, including the application, credit check,, underwriting, and closing. Not only can you show your clients how to obtain a residential mortgage loan for purchasing a home, you will also be able to provide mortgage loans for house rehab, remodel, and renewal work so that they can make their house into the home of their dreams.
Texas Frequently Asked Questions
In an effort to curb the predatory lending practices that led to the demise of the housing and residential mortgage industry in 2008, the Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act was passed. This opened up a world of opportunity to those driven to attain an MLO license and then work hard to match people with loan products.
Mortgage license requirements in Texas only require 23 total hours of instruction. NMLS requires 20 hours comprised of:
| Topic | Hours Required |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Electives | 10 Hours |
| Non-Standard Lending | 2 Hours |
| Texas State Law Education | 2 Hours |
| Total 20 Hours | |
The remaining 3 hours must discuss Texas State Specific law. The MEC Texas 3-Hour Elective course is a self-paced online course that covers:
-
Home Equity Loan Law.
-
Reverse Mortgage Law
-
Judicial vs. Non-Judicial Foreclosure
-
Texas Savings and Mortgage Lending Department
As an MLO in Texas, you are considered a loan officer. With a Texas Loan Officer license, you can take a residential loan application and offer or negotiate terms of the loan with the employer with which you have an established relationship.
With a mortgage broker license, you are the conduit between residential loan applicants and any number of different lenders.
Learning how to become a mortgage loan officer in Texas takes time and money. There are several steps you must take in registering and applying. The SAFE act has established licensing and registration standards for every Mortgage Loan Originator. If you’re looking to get your Texas MLO certification, you will have to do the following and pay all associated fees:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Texas License / Registration Fee | $90 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| TX-OCC Registration | $225 (Includes $25 non-refundable recovery fund fee) | TX-SML Application | $190 | National Exam | $110 |
On an annual basis, Texas MLO license holders must complete 8 hours of Comprehensive Continuing Education that must cover:
| Topic | Required Hours |
|---|---|
| Federal Regulations and Law | 3 Hours |
| Ethics, including consumer protection, fair lending | 2 Hours |
| Non-Traditional mortgage lending | 2 Hours |
| Elective (Mortgage Origination) | 1 Hour |
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your Texas mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
