Become a Loan Officer in NEW MEXICO

 New Mexico State fee's for Loan Officer's

 Application Fee: $200.00

License Fee: $200.00

Annual renewal license fee: $200.00

Reinstatement fee: $100.00

In the state of New Mexico newly licensed MLOs are required to complete 20 hours of NMLS-approved education.

Mortgage Educators & Compliance offers a great 20 hour SAFE Pre-License course

Of the 20 hours this course includes;

• 3 hours of Federal law
• 3 hours of ethics (which shall include fraud, consumer protection, and fair lending issues)
• 2 hours of non-traditional mortgage lending
• 9 hours of undefined education (referred to as electives)
• 3 hours of NM law

New Mexico has a requirement for 3 hours of instruction on state-specific law which may be satisfied by either taking a NM
comprehensive course or a state-specific elective course. 
*MEC does not offer the NM state law 3 hour course*

 The 20 hour SAFE Pre-License course is great for;

• Those who want a vast understanding on becoming a Loan Officer
• Those who would like to go at their own pace 
• Those who would like to learn what it takes to be a loan officer in a positive way
• Those who would like to have a better chance at passing the test the FIRST time

If you are interested in becoming a Loan Officer please visit our website at this LINK
If you would like to purchase our 20 Hour SAFE Pre-License course for $239 (which includes the mandatory $30 NMLS banking fee) please click HERE

If you have any questions regarding our 20 Hour SAFE Pre-License course please contact us at