Get Your Mortgage Loan Originator License in 2024!
Delaware Pre-Licensing Education
Starting at: $349 Now Only $239!
Use Promo Code: 20PEDEAL
Obtaining a mortgage license and becoming a mortgage loan originator involves a simple process in which you will need to complete your state-specific education requirements and take and pass a National exam. Once these two steps have been completed, you're well on your way to becoming a licensed Loan Originator!
How to Get an NMLS Mortgage License in Delaware
|
Step 1 |
Step 2 |
Step 3 |
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Set Up an NMLS Account and ID Number |
Take NMLS Pre-License Education Courses |
Get a Passing Score on the NMLS Mortgage Licensing Exam |
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Getting a Delaware mortgage license starts by applying for an account and ID number with the Nationwide Multistate Licensing System & Registry (NMLS). You can do this by going to their website. |
The NMLS requires new state-licensed MLOs in Delaware to complete 20 hours of NMLS-approved education first. The instruction includes 12 hours of undefined education (electives), 3 hours of federal law, 3 hours of ethics, and 2 hours of non-traditional mortgage lending. |
Once you complete your education, you must schedule and pass your National Test Component exam. Here’s a guide on how to sign up for the SAFE NMLS test. |
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Step 4 |
Step 5 |
Step 6 |
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Pay Fees and Pass Background Checks |
Submit Your Application for the Delaware Mortgage License |
Connect Your Employer with Your NMLS Account |
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If you pass your exam, you can now get federally registered with the NMLS. The application process involves a background check and fingerprinting appointment, which you can learn more about here. |
After you pass the background check and finish the fingerprinting, you can apply for a Delaware NMLS license. The NMLS has a checklist of what you need to get licensed in the state of Delaware. |
Until you get an employer sponsorship, your Delaware mortgage license will remain pending. The government does this to ensure that your employer is supervising the license. You can use this guide on how to grant your company access to your NMLS account. |
Getting a Delaware Mortgage License
Getting a mortgage loan officer license in Delaware offers many benefits, such as a high earning potential—especially if you successfully make plenty of loans. You’ll also get to grow your personal and business network as you work with other people and meet more clients. It’s an excellent choice for social people who work diligently and are willing to learn more.
Becoming a licensed MLO in Delaware means complying with Delaware’s education requirements and passing the licensure exam. Our mortgage license courses meet the required credits and include test prep sessions so you can pass your exam with confidence.
Delaware 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 | 12 Hours |
| Total 20 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 Delaware should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in Delaware:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Delaware License Fee | $250 |
| Delaware Application Fee | $250 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $581.25 |
On an annual basis, Delaware MLO license holders must complete 8 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 |
| Delaware Specific Education | 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 Delaware is December 1st. MLO's in Delaware 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 Delaware mortgage license. For additional questions, feel free to call us at 801-676-2520 or email us at 20hour@mortgageeducators.com.
Sign Up for Your Course Today
You can count on Mortgage Educators to give you the education you need to obtain your Delaware mortgage license! Get started today by purchasing your online bundle course or continuing education course.
Get Your Mortgage Loan Originator License in 2024!
Arkansas Pre-Licensing Education
Starting at: $349 Now Only $239!
Use Promo Code: 20PEDEAL
Obtaining a mortgage license and becoming a mortgage loan originator involves a simple process in which you will need to complete your state-specific education requirements and take and pass a National exam. Once these two steps have been completed, you're well on your way to becoming a licensed Loan Originator!
How to Get an NMLS Mortgage License in Arkansas
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Sign Up on NMLS Online |
Take Required Classes |
Pass the NMLS License Exam |
||||||||
Getting an Arkansas mortgage license starts with signing up for an NMLS account online and being assigned your ID number. Click here to go to NMLS Website. |
To get your Arkansas MLO (mortgage loan originator) license, you’ll need to take 20 hours of NMLS-approved mortgage originator classes. |
Once you successfully complete your classes, schedule a time and date to take your National Test Component exam. See how. |
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Step 4 |
Step 5 |
Step 6 |
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Order a Criminal Background Check and Fingerprinting |
Complete an Arkansas Mortgage License Application |
Connect Your NMLS Account and Employer |
||||||||
When you pass your Arkansas mortgage loan officer license exam, you’ll also need to get the required background checks, a simple process explained here. |
With the above steps complete, you will fill out and turn in the final application, explained here. |
Your mortgage officer license will start in a “Pending” status. You must show that an employer is supervising you. Connect your NMLS account with your employer through these steps. |
The Benefits of an NMLS License in AR
When you start working as a licensed Arkansas mortgage officer, you’ll gain instant status in your community. People will come to you during major transitions in their lives, such as buying a new home, a vacation home, or an investment property. Plus, these are usually responsible, successful, interesting people to work with.
You’ll constantly be learning as an MLO. There are several steps to getting your license, but Mortgage Educators is committed to helping you complete your classes and get through the process fast. Get an AR education bundle, and you’ll be close to a successful, well-paying career.
Arkansas 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 | 12 Hours |
| Total 20 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 Arkansas should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in Arkansas:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Arkansas Application Fee | $50 |
| Total License Cost | $131.25 |
On an annual basis, Arkansas MLO license holders must complete 8 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 |
| Arkansas Specific Education | 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 Arkansas is December 31st. MLO's in Arkansas are actually prevented from applying for license renewal until they have completed their CE.
Also, you'll have to pay a renewal fee of $50.
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your Arkansas mortgage license. For additional questions, feel free to call us at 801-676-2520 or email us at 20hour@mortgageeducators.com.
Get Your Mortgage Loan Originator License in 2024!
Alabama Pre-Licensing Education
Starting at: $349 Now Only $239!
Use Promo Code: 20PEDEAL
Obtaining a mortgage license and becoming a mortgage loan originator involves a simple process in which you will need to complete your state-specific education requirements and take and pass a National exam. Once these two steps have been completed, you're well on your way to becoming a licensed Loan Originator!
How to Get Your Mortgage License in Alabama
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Get an Online Account and ID Number from NMLS |
Complete Alabama Mortgage License Classes |
Get a Passing Score on the NMLS Mortgage Licensing Exam |
||||||||
Start going through the process of receiving your Alabama MLO license. It’s essential to get an online NMLS account. |
This consists of taking a total of 20 hours NMLS-approved education on mortgage loan originator topics, before you can pursue an Alabama mortgage license. |
After you have completed the required courses, go online and make an appointment to attempt the licensing test. Learn more on how to take your NMLS exam here. |
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Step 4 |
Step 5 |
Step 6 |
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Get Criminal Background Checks and Fingerprinting |
Apply for an Alabama Mortgage License |
Associate Your NMLS Account with Your Employer |
||||||||
Once you earn a passing score on the Alabama MLO exam, you need to complete your background checks, as detailed here. |
Read here to learn how to complete your Alabama mortgage license application. |
Your license will only become fully active when you enter your employer’s information into your NMLS account. The instructions are on this webpage. |
Alabama Frequently Asked Questions
Before you can get your first MLO (Mortgage Loan Originator) license in Alabama, you are required to finish 20 hours of NMLS-approved classes, split up like this:
| Topic | Hours Required |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Electives | 12 Hours |
| Non-Standard Lending | 2 Hours |
| Total 20 Hours | |
Usually, the state only issues an Alabama mortgage broker license to a firm that employs several officers and other workers to sell mortgages. In contrast, an Alabama MLO license is issued to an individual who wants to work as a loan officer within a larger organization.
The NMLS will charge these fees. Note that there are no refunds.
| NMLS Fees | |
|---|---|
| NMLS Processing Charge | $105 |
| Background Check | $36.25 |
| Credit Check | $15 |
Once you start working as a licensed Alabama MLO, your license can only stay valid if you take continuing education classes annually, which is one of the license renewal requirements. Classes consist of:
| Topic | Required Hours |
|---|---|
| Ethics | 2 Hours |
| Non-Traditional Loans | 2 Hours |
| Federal Law | 3 Hours |
| Electives | 1 Hour |
You’ll pay $75 to get your license renewed and $25 for reinstatement. The deadline for your annual application is December 31, although Alabama recommends turning it in by the first of November to avoid delays. At the same time, if you applied before December 31 and are still waiting for a reply, you can continue working on and after January 1 of the next year.
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your Alabama mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at 20hour@MortgageEducators.com.
Get Your Mortgage Loan Originator License in 2024!
Alaska Pre-Licensing Education
Starting at: $349 Now Only $239!
Use Promo Code: 20PEDEAL
Obtaining a mortgage license and becoming a mortgage loan originator involves a simple process in which you will need to complete your state-specific education requirements and take and pass a national exam. Once these two steps have been completed, you're well on your way to becoming a licensed Loan Originator!
How to Get an NMLS Mortgage License in Alaska
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Apply For Your NMLS Account and ID Number |
Complete Your NMLS Pre-License Education |
Need to Pass the SAFE MLO National Test |
||||||||
The first step to obtaining your Alaska mortgage license is applying for an NMLS account and ID number. To do so, go to the NMLS website. |
Once you’ve created NMLS account, it’s time to complete your pre-license education. Alaska requires 20 hours SAFE pre-licensure education. |
With your education complete, you need to schedule an appointment for the National Test Component exam. Find out more on how to take your NMLS test here. Also check out the NMLS MLO testing handbook. |
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Step 4 |
Step 5 |
Step 6 |
||||||||
Complete Background Checks and Pay All Fees |
Apply for Your Alaska 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 and get a background check. Find out more about how to complete your background check here. |
After receiving a passing score on your NMLS mortgage exam, you need to apply for your Alaska mortgage loan originator license. You can find more information on this step here. |
Your license will still be pending in Alaska until you have an employer sponsorship, which lets the government know that an employer is supervising your individual license. Learn how to associate your NMLS account with your employer here. |
Alaska 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 | 12 Hours |
| Total 20 Hours | |
Although it hasn't been enacted yet, be on the lookout for the PE expiration policy. It states the following - 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 Alaska should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in Alaska:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Registration Fee | $350 |
| Application Fee | $250 |
| Total License Cost | $681.25 |
On an annual basis, Alaska MLO license holders must complete 8 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 |
| 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 Alaska is December 31st. MLO's in Alaska 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 Alaska mortgage license. For additional questions, feel free to call us at 801-676-2520 or email us at 20hour@mortgageeducators.com.
Get Your Mortgage Loan Originator License in 2024!
Nevada Pre-Licensing Bundle
Starting at: $498.98 Now Only $339!
Use Promo Code: NVPEDEAL
Licensed in another state and want to add Nevada?
Now Only $129!
Use Promo Code: NVPE129
Only need 4 hours of Nevada Education?
Now Only $79.98!
Use Promo Code: NVPE79
How to Get an NMLS Mortgage License in Nevada
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Apply For Your NMLS Account and ID Number |
Complete Your NMLS Pre-License Education |
Need to Pass the SAFE MLO National Test |
||||||||
The first step to obtaining your Nevada mortgage license is applying for an NMLS account and ID number. To do so, go to the NMLS website. |
Once you've created your NMLS account, it's time to complete your pre-license education. Nevada requires 30 hours (20 hours & 10 hours elective) SAFE pre-license education. This includes 4 hours of education relating to Nevada state law. |
With your education complete, you need to schedule an appointment for the National Test Component exam and take the NMLS test. Find out more on how to take your NMLS exam here. |
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Step 4 |
Step 5 |
Step 6 |
||||||||
Complete Background Checks and Pay All Fees |
Apply for Your Nevada 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 and get a background check. Find out more about how to complete your background check here. |
After receiving a passing score on your NMLS mortgage exam, you need to apply for your Nevada NMLS license. You can find more information on this step here. |
Your license will still be pending in Nevada until you have an employer sponsorship, which 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 Nevada
Becoming a mortgage loan originator in Nevada is a chance to build a rewarding career to last a lifetime. With hard work and dedication, you can enjoy a satisfying job that fulfills your need to help people, have diverse daily responsibilities, and constantly learn new skills. Mortgage Educators want to make the process as easy as possible by providing all the resources you need to pass your NMLS exam and earn your mortgage license in Nevada.
Nevada 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 | 18 Hours |
| Nevada Specific Education | 4 Hours |
| Total 30 Hours | |
Although it hasn't been enacted yet, be on the lookout for the PE Expiration Policy in Nevada. Is 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 Nevada should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in Nevada:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| Nevada Application Fee | $75 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $156.25 |
On an annual basis, Nevada MLO license holders must complete 8 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 |
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 Nevada is December 31st. MLO's in Nevada 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 Nevada mortgage license. For additional questions, feel free to call us at 801-676-2520 or email us at 20hour@mortgageeducators.com.
