Pre-Licensure Education Requirements The Secure and Fair Enforcement Act of 2008 (SAFE Act) requires all state-licensed mortgage loan originators (MLOs) complete pre-licensure education. In order to meet education and licensing guidelines, one must complete 20 hours of NMLS approved education,
NMLS Criminal Background Check
Criminal Background Check (CBC) Any person looking to acquire their mortgage loan originator license (MLO) will need a criminal background check performed through the Nationwide Mortgage Licensing System & Registry (NMLS.)
SAFE Act – Loan Officer License Requirements
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) established requirements for the licensing and registration of all Mortgage Loan Originators (MLOs). Below you will find the profession requirements needed to become a state-licensed mortgage loan