Get Your New Jersey Mortgage Loan Originator License in 2024!
New Jersey Education Bundle
Starting at: $399 Now Only $279!
Use Promo Code: NJPE279
Licensed in another state and want to add New Jersey?
Now Only $99.98!
Use Promo Code: NJPE99
How to Get an NMLS Mortgage License in New Jersey
|
Step 1 |
Step 2 |
Step 3 |
||||||||
Apply For Your New Jersey NMLS Account and ID Number |
Complete Your New Jersey NMLS Pre-License Education |
Need to Pass the SAFE MLO National Test |
||||||||
The first step to obtaining your New Jersey 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. New Jersey requires the 20 hour (16 hours & 4 hours elective) SAFE pre-licensure education course. |
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. |
||||||||
Step 4 |
Step 5 |
Step 6 |
||||||||
Complete Background Checks and Pay All Fees |
Apply for Your New Jersey 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 New Jersey NMLS license. You can find more information on this step here. |
Your license will still be pending in New Jersey until you have an employer sponsorship, which lets the government know that an employer is supervising your license. Learn how to associate your NMLS account with your employer here. |
Ready to Become a Mortgage Loan Originator in New Jersey?
Getting your New Jersey mortgage loan originator license is an exciting opportunity to further your career. Still, you can expect to invest time and energy into learning the ins and outs of the position.
Mortgage Educators is here to help you along your path by offering convenient, easy-to-understand courses that take care of all New Jersey pre-licensure education requirements. Those who are committed, dedicated, and ready to work hard will thrive in this career.
New Jersey 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.
Four elective hours must cover New Jersey specific regulations and laws. Mortgage Educators includes all of this bundled together, making it easy to keep track of your educational progress.
| 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 | 8 Hours |
| New Jersey Specific Law | 4 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 New Jersey should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in New Jersey:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| New Jersey Application Fee | $180 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $261.25 |
On an annual basis, New Jersey MLO license holders must complete 11 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 |
| Electives | 3 Hours |
| New Jersey Specific Education | 2 Hours |
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your New Jersey mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
Get Your New Jersey Mortgage License
If you’re ready to get your New Jersey mortgage loan originator license, you can count on Mortgage Educators to help you through the process. Get your online course bundle or CE course today.
Sub license our content
Every mortgage loan originator needs CE by the end of this year. Buy this discounted voucher and when the time comes to complete your 8 hours of CE, you'll be able get it done without any problem. We will be offering CE in both video and text only format. Don't miss out on this great deal! (Some states may require more than just 8 hours of CE, check with your state provider to see exactly what you need)
Looking to become licensed as a mortgage loan originator? Here at Mortgage Educators & Compliance we offer the 20 hour plus the UT 15 hour courses of Pre-license Education course which
includes;
- The mandatory $30 NMLS banking fee
- Instructor led videos to ensure a positive learning experience
- For a limited time: the Uniform State Test Prep (UST is now required for everyone, because of this we offer UST WITH our 20 hour course)
This course is a 20 hour course these hours include;
- Three hours of Federal law
- Three hours of ethics (which shall include fraud, consumer protection, and fair lending issues)
- Two hours of non-traditional mortgage lending
- Ten hours of undefined education (referred to as electives)
It also includes 15 hours of Utah Specific Pre-Licensure training, required by the state of Utah for all new mortgage loan originators.
With this 20 hour course we also offer the Utah state component, a 15 hour course, as a bundle. This bundle is normally listed at $779.95, but if you use this coupon code, mpa379 , you can get the course for $379.95 (More than a 50% discount).
For more information, or to purchase our 20 hour plus 15 hour Utah Pre- licensure courses please clickHERE.
We also offer a live 15 hour course option. For more information on this great live course, click HERE.
We also offer this 20 hour course in a live webinar format. Be sure to use the coupon code, mpa31, to get a special discount on this course. For more information or to purchase this course, click here.
If you have any questions please feel free to contact us at
Looking for a Keynote or Special Guest speaker at your next event?
Consider having mortgage industry expert David Luna.
Choose from a variety of different topics :
Mortgage trends, marketing, NMLS approved continuing education, federal laws, market analysis, and many more!
Pricing - Half Day trainings start as low as $1500!
(Travel Fees may apply.)
David Luna has more than 35 years of experience in the mortgage lending industry. He currently spends most his time traveling from coast to coast training mortgage lending professionals. David combines his wit, a natural flare for teaching and current events to entertain and educate even the most seasoned industry experts. He presently serves on national and state 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 state 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 Bankers and privately held mortgage bankers.
Call now and have David Luna at your next event!
877-403-1428
2022 is filling up fast!
Get Your Mortgage Loan Originator License in 2024!
North Carolina Bundle
Starting at: $399 Now Only $279!
Use Promo Code: NCPE279
Licensed in another state and want to add North Carolina?
Now Only $99.98!
Use Promo Code: NCPE99
How to Get an NMLS Mortgage License in North Carolina
|
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 North Carolina 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. North Carolina requires 20 hours of NMLS-approved education and 4-hour state elective SAFE pre-licensure education. |
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. |
||||||||
Step 4 |
Step 5 |
Step 6 |
||||||||
Complete Background Checks and Pay All Fees |
Apply for Your North Carolina 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 North Carolina NMLS license. You can find more information on this step here. |
Your license will still be pending in North Carolina until you have an employer sponsorship, which lets the government know that an employer is supervising your license. Learn how to associate your NMLS account with your employer here. |
A Rewarding Career With a North Carolina Mortgage License
Obtaining a North Carolina mortgage loan originator license is the first step toward an exciting, dynamic, and social career path. You’ll be able to keep learning new things, all while meeting new people and earning a good living. However, when you’re just getting started, the education and application process can be difficult.
You can use the steps and support offered by Mortgage Educators to get your license more quickly and easily. Our course bundle allows you to complete North Carolina’s education requirements with less hassle. You can also take an exam preparation class to make sure you’re ready. Then you’ll be well-prepared for a rewarding career that can keep you interested and engaged for many years.
North Carolina 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.
Four elective hours must cover North Carolina specific regulations and laws. Mortgage Educators includes all of this bundled together, making it easy to keep track of your educational progress.
| 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 |
| North Carolina Specific Law | 4 Hours |
| Total 24 Hours | |
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 North Carolina should be considered an investment well worth your time. Here’s what to expect when it comes to licensing fees in North Carolina:
| NMLS Fees | |
|---|---|
| NMLS Initial Processing Fee | $30 |
| NC Application Fee | $125 |
| Credit Report | $15 |
| FBI Criminal Background Check | $36.25 |
| Total License Cost | $206.25 |
On an annual basis, North Carolina 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 |
| North Carolina 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 North Carolina is December 31st. MLO's in North Carolina are actually prevented from applying for license renewal until they have completed their CE.
North Carolina also requires a new criminal background check and credit check each year. Although the deadline for your renewal application is the last day of the year, it's recommended that
you submit it by November 1st instead.
| Fee Type | Cost |
|---|---|
| Renewal | $125 |
| Reinstatement | $125 |
| Processing | $30 |
| Total Renewal Cost | $280 |
Mortgage Educators and Compliance is here to answer any additional questions you may have regarding your North Carolina mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at [email protected].
