Get Your Colorado Mortgage Loan Originator License in 2021!
Colorado Pre-Licensing Bundle
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How to Get Your (MLO) Mortgage License in Colorado
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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 |
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The first step in obtaining your Texas 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. Texas requires 23 hours (20 hours & 3 hours elective) 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 |
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Complete Background Checks and Pay All Fees |
Apply for Your Texas Mortgage License |
Associate Your NMLS Account with Your Employer |
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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 Texas SML mortgage loan originator license. You can find more information on this step here. |
Your license will still be pending in Texas 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. |
Colorado Mortgage License Education
Our goal is to make your mortgage loan originator education as convenient as possible, though we know it’s not for everyone. Being a loan officer takes a willingness to learn every aspect of the mortgage industry. However, once you are established, a career as a mortgage loan originator can be very fulfilling, flexible, and refreshing. If you don’t mind putting in hard work, like to connect with everyone in your workspace and have a desire to learn, then obtaining your Colorado mortgage loan originator license may be the perfect move for you!
Colorado Loan Officer Licensing Requirements
Are you seeking Colorado mortgage license renewal? Or, maybe you’re already a mortgage loan originator moving from another state? If so, the state of Colorado requires you to complete 20 hours of NMLS-certified mortgage education, which includes a 2-hour state law and rules course. We have bundled all of these required hours, along with a national test prep course, into one conveniently managed licensing course bundle.
New mortgage licensing, or “pre-licensing,” education requirements can be satisfied via three different mediums. Mortgage education can take place in Online Instructor-Led (OIL) courses (like those shown above), in live classroom settings, or by way of a live webinar. Most new loan originators complete the Colorado loan officer licensing requirements with our online course bundles. For more detailed education requirements in Colorado, click the link shown below.
Colorado Mortgage License Education Requirements
New Colorado state-licensed Mortgage Loan Originators are required to complete a 20-hour pre-licensure education course as dictated by the SAFE Act of 2008. This course includes:
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3 hours of Federal law and regulations
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3 hours of ethics, fraud, consumer protection, and fair lending issues
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2 hours of non-traditional lending
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10 hours of undefined instruction (electives)
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2 hours of Texas state law education
New Mortgage License Education does not count towards annual CE credits. MLO’s are also advised to not retake any 20-hour new license education course unless otherwise directed by a state regulator.
Colorado Mortgage Broker License VS. Colorado Loan Officer License
Mortgage broker licenses are commonly confused with the more common loan officer license. While the terms mortgage broker, loan officer, and mortgage loan originator are similar, they aren’t synonymous. So what’s the difference?
Generally speaking, a mortgage broker is a company that employs mortgage loan officers. The loan officers are employed by the broker to originate loans for home-buyers when they are looking for a loan for their mortgage.
Cost of Getting Your MLO License in Colorado
Before you get your Colorado mortgage license, it’s important to know the costs involved. Here are all of the fees you’ll need to pay to become licensed:
NMLS Initial Processing Fee: $30.00
Credit Report: $15.00
Background Check: $36.25
Licensing/Registration Fee: $190.00
National Exam: $110.00
Total: $381.25
Colorado Mortgage Continuing Education Requirements
You will be required to complete eight hours of continuing education before getting your NMLS license in Colorado. These hours include:
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3 hours on relevant federal regulations and law
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2 hours of ethics, including consumer protection, fair lending, and fraud
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2 hours of non-traditional mortgage lending
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1 hour elective on mortgage origination
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 Colorado is December 31. MLO’s in Colorado are actually prevented from applying for license renewal until they have completed their CE.
Order Your Colorado Mortgage License Course Today
If you’re ready to become a Colorado mortgage loan originator, order your Mortgage Educators Course today. We’ll help you every step of the way so you can achieve your goal of being a licensed loan officer in Colorado.
Additional Questions?
Mortgage Educators and Compliance is here to answer any additional questions that you may have in regards to your Colorado mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
 |
DAVID LUNA
David Luna has more than 35 years of experience in the mortgage lending industry. He presently serves on national boards and holds several national and state certifications. He has been a consultant for Fannie Mae, Freddie Mac, as well as other large national banks. He has been featured in Mortgage Technology Magazine, National Mortgage Press, newspapers, NBC, CBS and ABC.
David is President of Mortgage Educators and Compliance, an NMLS approved education provider. He has served as Commissioner (a Governor appointed mortgage regulator) and in several executive positions for banks, credit unions, mortgage bankers and brokerages throughout his career. Including Mellon Bank of New York, Great Western Bank of California, several Federal Credit Unions as well as Vice President of large publicly traded Mortgage Companies. This year he was asked to present to the Federal Home Loan Bank to over 700 banks and credit unions. He has received numerous awards such as the NAMB's Affiliate of the Year, NAMB President's Award and National Mortgage Professional Magazine's 50 Most Connected Mortgage Professionals for 2016. |
NMLS License Florida: Get Your Florida Mortgage Loan Originator License in 2025!
Florida Pre-Licensing Bundle
Starting at: $399 Now Only $239!
Use Promo Code: FLPEDEAL
Do you have your mortgage license in another state and want to add Florida?
Now Only $49.98!
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How to Get an NMLS Mortgage License in Florida
Are you interested in starting a new career? Learn how to become a loan officer in Florida and get your license from the nationwide mortgage licensing system through this NMLS Florida 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 Test |
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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 your mortgage loan originator title in Florida is to register with the NMLS by applying online for an account and NMLA 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 Florida State Licensing Agency requires 20-hours (18 hours & 2 hours elective) of SAFE pre- licensure education course. |
With your pre-license education education complete, you need to schedule an appointment for the National Test Component exam. Find out more on how to take your NMLS licensing test here. Also take a look at 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). However, although passing is not an easy task, we will help you prepare so you feel confident enough to pass. |
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Step 4 |
Step 5 |
Step 6 |
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Complete Background Checks and Pay All Fees |
Apply for your Florida Mortgage License |
Associate Your NMLS Account With Your Employer |
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To finalize your application, 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 criminal background checks work here. |
Once you have passed your NMLS mortgage licensing exam, you need to apply for your Florida MLO license. You can find more information on how to apply here. |
Your mortgage license will be pending with the state of Florida until you have employer sponsorship through the bank, credit union, or other company of your choice. This lets the government know that an employer is supervising your individual license. Learn how to associate your NMLS account with your employer here. |
Florida Frequently Asked Questions
If you’re looking for a flexible, lively, and engaging career, there aren’t many choices better than becoming a mortgage lender. However, getting licensed is hard work, and requires dedication and a willingness to learn. You must focus during instruction, study hard and prepare thoroughly for the licensing exam, and then keep up with your continuing education (CE) 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.
Once you’ve become a loan originator and are employed by a mortgage broker or other financial institution, your work as a loan processor will begin. You’ll be able to help each borrower with activities such as first home purchases, home equity lines of credit, refinancing an existing mortgage loan, and more.
However, getting licensed is hard work, and requires dedication and a willingness to learn.
The goal we have is to make obtaining your Florida mortgage license as convenient, and simple as possible.
Our mortgage pre-license course bundles satisfy all of Florida’s required education credits and include a test prep course to help you pass the national
NMLS license exam.
So, if you are social, diligent, and dedicated to learning, obtaining your mortgage license in Florida may be a perfect choice.
Mortgage loan originators and mortgage brokers are commonly confused terms.
As such, many people who are searching for a Florida broker license are actually looking for a loan originator or loan officer license.
So what’s the difference? 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 Florida would be one of the options listed above,
depending on which division your employer works under.
Under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, all new loan
originators in Florida must complete 20 hours of mortgage education. This is comprised of an 18 hour online instructor-led course, and a 2-hour Florida-specific course on state laws and financial regulation.
New state-licensed Mortgage Loan Originators are required to complete a 20 hour SAFE pre-license course that includes:
Florida Education Requirements
Fair Lending, Ethics, Fraud, and Consumer Protection
3 Hours
Federal Laws and Regulations
3 Hours
Non-traditional Lending
2 Hours
Electives
10 Hours
Florida State Law Education
2 Hours
Total 20 Hours
The NMLS will charge these fees. Note that there are no refunds.
NMLS Fees
NMLS Processing Charge
$30
FBI Background Check
$36.25
State Background Check
$24.00
Credit Report
$15
Florida License Fee
$195
NMLS National Exam Fee
$110
$410.25 Total
After your obtain your Florida license, you will be required to complete 8 hours of Continuing Education each year, which includes:
Florida Continuing Education Requirements
Federal Law
3 Hours
Ethics
2 Hours
Non-traditional Lending
2 Hours
Florida State Specific Education
1 Hour
You’ll need to take into account the “successive years” rule, which prohibits you from taking the same courses for two years in a row.
Mortgage Educators changes its continuing education to ensure that you won’t have any issues with this rule.
**The deadline to compete CE in Florida is December 31st. MLO's in Florida 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 Florida mortgage license.
For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
If you’re looking for a flexible, lively, and engaging career, there aren’t many choices better than becoming a mortgage lender. However, getting licensed is hard work, and requires dedication and a willingness to learn. You must focus during instruction, study hard and prepare thoroughly for the licensing exam, and then keep up with your continuing education (CE) 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. Once you’ve become a loan originator and are employed by a mortgage broker or other financial institution, your work as a loan processor will begin. You’ll be able to help each borrower with activities such as first home purchases, home equity lines of credit, refinancing an existing mortgage loan, and more. However, getting licensed is hard work, and requires dedication and a willingness to learn.
The goal we have is to make obtaining your Florida mortgage license as convenient, and simple as possible. Our mortgage pre-license course bundles satisfy all of Florida’s required education credits and include a test prep course to help you pass the national NMLS license exam.
So, if you are social, diligent, and dedicated to learning, obtaining your mortgage license in Florida may be a perfect choice.
Mortgage loan originators and mortgage brokers are commonly confused terms. As such, many people who are searching for a Florida broker license are actually looking for a loan originator or loan officer license. So what’s the difference? 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 Florida would be one of the options listed above, depending on which division your employer works under.
Under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, all new loan originators in Florida must complete 20 hours of mortgage education. This is comprised of an 18 hour online instructor-led course, and a 2-hour Florida-specific course on state laws and financial regulation.
New state-licensed Mortgage Loan Originators are required to complete a 20 hour SAFE pre-license course that includes:
| Florida Education Requirements | |
|---|---|
| Fair Lending, Ethics, Fraud, and Consumer Protection | 3 Hours |
| Federal Laws and Regulations | 3 Hours |
| Non-traditional Lending | 2 Hours |
| Electives | 10 Hours |
| Florida State Law Education | 2 Hours |
| Total 20 Hours | |
The NMLS will charge these fees. Note that there are no refunds.
| NMLS Fees | |
|---|---|
| NMLS Processing Charge | $30 |
| FBI Background Check | $36.25 |
| State Background Check | $24.00 |
| Credit Report | $15 |
| Florida License Fee | $195 |
| NMLS National Exam Fee | $110 |
| $410.25 Total | |
After your obtain your Florida license, you will be required to complete 8 hours of Continuing Education each year, which includes:
| Florida Continuing Education Requirements | |
|---|---|
| Federal Law | 3 Hours |
| Ethics | 2 Hours |
| Non-traditional Lending | 2 Hours |
| Florida State Specific Education | 1 Hour |
You’ll need to take into account the “successive years” rule, which prohibits you from taking the same courses for two years in a row. Mortgage Educators changes its continuing education to ensure that you won’t have any issues with this rule.
**The deadline to compete CE in Florida is December 31st. MLO's in Florida 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 Florida mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
David Luna
David Luna began in the mortgage industry in 1980. He has served on national and state boards and holds several national and state certifications. He has been a consultant for Fannie Mae, Freddie Mac, and other large national banks. He has been featured in Mortgage Technology Magazine, National Mortgage Professional, MGIC, industry publications, NBC, CBS, and ABC.
Jon Wallace
Dr. Jon Wallace is a seasoned professional with over three decades of impactful experience in sales, marketing, broadcasting, and community development. He joined MEC as a national instructor and content creator, drawing from his extensive background in mortgages and teaching. Jon's Master's Degree is in Leadership, showcasing positive cultural change within organizations. His PhD is in Industrial and Organizational Psychology exploring leadership, trust, and socioeconomic influences on organizational performance. Academically Dr. Wallace taught a diverse range of subjects at Lake Michigan College and Siena Heights University. Beyond professional pursuits Jon's passion for community and individual development involves volunteer work at multiple non-profit organizations. Jon does play-by-play for Berrien Springs High School, and is the pastor of the Burlington Church of God.
Marve Stockert
Marve Stockert has been a part of the mortgage industry since 1970. He has worn many hats and has held roles in origination, servicing, and in the secondary market. In 1990, He began to teach, mentor, and tutor mortgage loan originators. He was also the executive director of a state mortgage association for 25 years and was awarded the President’s Award by the National Association of Mortgage Bankers in 2006. In his spare time, Marve is an avid golfer.
Justin Simmons
Justin Simmons entered the mortgage industry in 2016, building on a foundation shaped by early exposure to the business. He is currently licensed in seven states and has developed a strong passion for educating others in the field. Over the years, Justin has found it deeply rewarding to share both practical knowledge and memorable experiences from his time in the industry. Outside of work, Justin is a proud husband and father. He and his high school sweetheart have built a loving family of five. In his free time, you'll often find him enjoying the outdoors—whether it's camping, fishing, off-roading in his Jeep, or cheering on his sons at their soccer games. He values quality time and believes there’s nothing better than a little fresh air with family.
Jennifer Hill
Jennifer Hill has been a Mortgage Broker since 2003, being involved in all parts of the mortgage process. She has been with American Liberty Mortgage in Denver, CO since 2008. Over her tenure she found that she truly enjoyed educating buyers about the home buying process, that motivated her to pivot from just originating to educating as well.
In her spare time, she is a youth and high school sports official, a writer, a bowler and a standup comedian who also co-hosts/produces comedy shows and open mics.
Paul Waldrop
Paul Waldrop began his career in the mortgage industry in 1990. With over 30 years of experience in sales and operational leadership, Paul is a dynamic professional dedicated to elevating sales professionals and organizations to their highest potential. As the CEO and Co-founder of Latreia Coaching & Consulting, Paul focuses on inspiring professionals to thrive by challenging their status quo and driving extraordinary success. Previously, he served as Vice President of Training & Client Engagement at XINNIX, where they played a pivotal role in sales leadership training and strategic growth initiatives. His extensive career also includes significant management roles at Wells Fargo Home Mortgage and the Federal Home Loan Bank of Atlanta, where they excelled in loan administration and homeownership program management. With a strong educational background in Finance and Economics from Georgia State University and certifications in DISC and coaching, Paul is highly skilled in relationship development, strategic planning, and performance coaching, bringing a wealth of expertise to every endeavor.
Mike Holloway
Mike Holloway has been a mortgage originator since 2004 and is actively licensed in Colorado and Utah. He enjoys engaging with other mortgage professionals and helping to foster a positive atmosphere for learning and encouragement. He and his wife have 5 grown children and love spoiling their ever growing number of grandchildren. In addition, he is a big sports fan but in particular he is an avid fan of Colorado Avalanche hockey. He and his wife also enjoy to travel and exploring new places and experiences.
