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Get Your Mortgage Loan Originator License in 2020!

 

 

Hawaii Pre-Licensing Bundle

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Starting at: $399 Now Only $269!

Use Promo Code: HIPEDEAL

 

 

Add Hawaii Elective

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Now Only $59.98!

Use Promo Code: HIPE59

 

 

 

 

How to Get Your MLO License in Hawaii

 

1. Fulfill all state and federal education requirements as designated by your state agency. (18+2 Hr HI)

 

2. Schedule, study for and pass your national mortgage exam.

 

3. Apply for the MLO License: Complete and submit your MU4 through the NMLS including, paying the licensing fee, completing a criminal background check and an authorized credit report.

 

 

Hawaii Mortgage License Requirements

Obtaining a mortgage license in Hawaii and becoming a loan officer is very simple, but it’s not for everyone. It takes a willingness to learn the basic ins and outs of the industry as well as a desire to work hard.

 

The mortgage industry is a great one to get into and it provides a lot of flexibility. If you like to work hard, you are a people person, and you have a desire to learn, becoming a mortgage loan officer is the perfect choice for you.

 

Hawaii requires 20 hours of national mortgage education, which includes 3 hours of Hawaii state-specific laws and rules course. Mortgage Educators offers both of these courses in a bundle at the low price of $269. This includes both courses, and a comprehensive test prep course to help you score well on the NMLS national test.

 

New mortgage license education, or "pre-license education" must be completed in either a live classroom or online instructor-led format. Mortgage Educators & Compliance provides these courses weekly in an Online Instructor-Led (OIL) format. These courses are presented by instructors via pre-recorded video with slideshow presentations.

 

Courses are broken up into chapters comprised of 5-minute sections and quizzes that make up the overall content. At the end of the course, students should expect a short test to check for comprehension. All hours are reported to the NMLS upon completion by Mortgage Educators & Compliance. Click here for detailed Hawaii MLO education requirements.

 

PE Expiration Policy in Hawaii

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. Hawaii is currently enacted for the PE Expiration policy which means the policy is enforced.

 

Learn More about Hawaii Mortgage Licensing

Becoming an MLO is very simple, but not easy. Fortunately, Mortgage Educators is here to help. All of our curriculums are created and taught by industry experts that have years of experience resulting in rewarding content that will help prepare you to get your license and excel in your field.

 

Mortgage Broker vs. Mortgage Loan Officer: What's the Difference?

Mortgage brokers and mortgage loan officers are often confused with each other. Because of this, most people looking to get a mortgage broker’s license are actually looking for a mortgage loan officer’s license. So what is 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 homebuyers when they are looking for a loan for their mortgage.

 

Additional Questions?

Mortgage Educators and Compliance is here to answer any additional questions that you may have in regards to your Hawaii mortgage license. For additional questions, feel free to call us at (801) 676-2520 or email us at 20hour@MortgageEducators.com.

 

 

 

 

Hawaii Mortgage Education Pre-Licensing