https://www.onlineed.com/info/Mortgage/Any/License-Training
NMLS Mortgage Loan Originator License Courses
Learn how to get a mortgage license, choose online NMLS courses right for your state, and become a mortgage loan officer!
OnlineEd's Mortgage Pre-License Education Course
Looking to get your mortgage loan originator license online? You're in the right place!
- We price-match any competitor.
- All courses are online. No classroom attendance required.
- Free EPUB/PDF course book is yours to keep.
- Get help with live instructor sessions.
- Fulfills 20 hours of pre-license education.
Everything is Online
Everything is online, including live instructor sessions.
Our NMLS-approved MLO licensing program is delivered online so you can take the course from anywhere. The online instructor-led course is delivered over a one or two week schedule (your choice). Your learning material and exams are all delivered through your web browser. At several points in the schedule, you will have the opportunity to connect with your instructor and other students taking the course via a live internet conference. This will give you the chance to ask questions, have topics explained in more detail, and get insights from industry professionals.
Mortgage originator license courses are delivered over a week on regular calendar dates. See the schedule on the information page to pick the dates that are right for you.
The OnlineEd system is compatible with all current major browsers and operating systems.
Reviewed, Approved, Authorized
Our program has been rigorously reviewed and approved by the NMLS for pre-license education credit.
Our program has been rigorously reviewed, approved, and authorized for pre-license credit by the Nationwide Mortgage Licensing System (NMLS).
Our mortgage education courses at OnlineEd are written by OnlineEd. Because of this, we save on overhead licensing costs and can pass those savings on to you.
Find an MLO licensing package for your state:
How To Become a Mortgage Loan Officer
Basic Mortgage Loan Originator Licensing Requirements
To sell mortgages, you need to be licensed as a mortgage loan originator (MLO). This is also sometimes called a "loan officer" or "mortgage broker." Each state has its own license requirements for becoming a mortgage loan originator. All states use the Nationwide Mortgage Licensing System (NMLS) to track MLO licensing. To do business as a mortgage loan originator, you need to:
- Apply for an NMLS account and ID number. (You can do this right now)
- Complete your mortgage Pre-license Education ("PE").
- Pass a licensing exam.
- Apply for a license with the NMLS.
- Complete background checks and pay all fees.
- Associate your NMLS account with an employer.
Complete Your NMLS Pre-License Education
Each state has different requirements for getting a loan originator license. It is your responsibility to make sure that you meet the education requirements for the states that you want to do business in. This usually means that you must complete 20 hours of pre-license education at a minimum. Some states have additional requirements. You may need to complete state-specific courses for each of the states that you wish to work in.
Visit the NMLS website for a complete list of state requirements.
Pass a Licensing Exam
After your education is completed along with all state-specific electives, you need to schedule an appointment to take your licensing examination at a testing facility. This exam is administrated by Prometric. Follow the guides below to schedule your exam:
Contact Prometric at 1-877-671-6657 or visit their website.
Apply for a License
You will need to complete and submit an application for a mortgage loan origination license via the NMLS website. (NOTE: The mortgage company you plan to work for may fill out your application for you. Please check with them before submitting any paperwork.)
Background Checks
As part of your application process, most states require you to get a criminal background check, submit fingerprints, and submit to a credit report:
HOW TO REQUEST A BACKGROUND CHECK
Get Hired
Although you may already be working closely with your new employer, your NMLS record will need to be associated with your employer before you can receive a mortgage loan license and do business.