NMLS Mortgage Loan Originators (MLOs)
Prelicensure Education (PE)
Requirements by State
NMLS Provider ID #1400105
How many credits do I need for my state?
All states require at least 20 hours of approved pre-license education, but each state has its own requirements. Some states require additional state-specific hours that are included in the 20 hours, and some the state-specific hours are in addition.
The minimum pre-license education requirements for new mortgage loan originators is outlined in the SAFE Act according to the following categories:
- 3 hours of Federal law and regulations
- 3 hours of ethics & fraud
- 2 hours of lending standards related to non-traditional mortgage products
- 12 hours of undefined instruction on mortgage origination
- Each state has their own requirements for meeting these 12 hours
A partnership with Cape School ensures that your people obtain the best education at the lowest price.
"I really appreciate all the time & effort provided by the course instructor. My office staff & I will watch for future opportunities to attend Cape School Insurance Classes."
Joseph L, Iowa
"I've never done my CE online before and found it very convenient. I was able to study on my own time (which as a working mother with kids in sports is not a lot). "
Laura S, Wisconsin