California NMLS Mortgage License Requirements

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Frequently Asked Questions

Which agency should I choose?

The video above explains the difference between the two California state agencies' education requirements. If you are still unsure, please contact your employer, as you must be licensed under the same agency. If you do not yet have a sponsor, we recommend taking the CA-DBO 18+2 Hour Course. This course will fulfill both agencies' requirements, and you will be able to register under either department at a later date.

What steps should I take to get my License?

1. You must fulfill all state and federal education requirements as designated by your state agency. Please refer to the video at the top of this page if you are unsure which course will satisfy your agency's requirements.

2. Schedule your national exam through the NMLS. You must pass this exam with 75% or better. To help you study, your course will include some additional test prep materials. For even more study help, consider our additional test prep packages.

3. Apply for your MLO License. You will complete and submit an MU4 form through the NMLS, which includes a licensing fee, a criminal background check, and an authorized credit report. You will be able to find more specific education about MLO licensing requirements through the NMLS and through your state agency, either the DBO or the DRE.

Why should I get my Loan Originator License in California?

California has one of the strongest housing markets in the nation and it only continues to grow year after year. Obtaining your loan officer license in California takes determination, a willingness to learn, and a strong work ethic.

Is there a difference between a Broker and an MLO License?

Mortgage loan originators and mortgage brokers are commonly confused terms. Generally speaking, a mortgage broker is a company that employs a team of loan officers. Loan officers originate mortgage loans for new home buyers. Therefore, the correct license for a loan officer in California would be one of the options listed above, depending on which division your employer works under.

What is PE Expiration Policy?

PE Expiration is a policy that was created by the NMLS Policy Committee that addresses situations in which an individual is required to retake 20 hours of pre-licensure education if they fail to acquire a valid mortgage license within three years from the last date of licensure as a mortgage loan originator. California is currently in pending enactment for the PE Expiration policy which means the policy is currently not enforced, but it will be rolled out soon.