10 Steps To Becoming a Mortgage Loan Officer


Becoming a mortgage loan officer can be as simple as 1..2..3, or actually 1 to 10

Step 1: 
It all begins with the State where you want to be licensed

Each state will require a minimum of 20 hours pre-license education.  In addition, some states may require certain state-specific education.

Check your state requirements here:
State Licensing Requirements

Step 2:  Enroll in a pre-license course from one of the nation's top providers - That's so easy...just select the link below!

Get me into a class NOW! 

Step 3:  You're going to need an NMLS ID number - that's simple too... just a few minutes

You will need to create a user account with the Nationwide Mortgage Licensing System and Registry (NMLS).  There is no cost to do this and it only takes a few minutes. Select the link below then select create an "Individual Account"

Need My Number Please

Step 4: 
 School Time!  Complete your pre-license education

Step 5:  The work begins.  Study, Study, Study

Be sure to prepare yourself for the NMLS national test.  Most students will spend 40-60 hours of study to prepare.  It's not an easy test, you need to be prepared!


Step 7:  Where do you want to work?

Finding the right place to work as an MLO might take a little time.  If you know someone in the industry, find out where they work and why.  You'll want to find a company that has your values and provides the right customer service you intend to provide.  Loan Officer compensation can vary from company to company, but money shouldn't be your only consideration.  Remember if the company isn't run well, your compensation won't matter, because you won't close any loans!  But now that you're ready to be licensed, there will be many companies in your area wanting to hire you!

Step 8:  Complete your registration with NMLS and file your papers with the state

The job is never complete until the paperwork is done.  You will need to complete your NMLS registration using your NMLS account, complete your fingerprinting and file your MLO license application with the state.


Now it's official...you're a licensed mortgage loan officer!  After you're done partying, it's time to start helping!

Step 10:  Help hundreds achieve homeownership!

Now you're a well-educated, licensed, loan officer and it's time to turn your attention to helping hundreds of consumers in your area make one of the largest financial decisions of their life...how to properly finance their home.  Because you are well-trained, you'll be there to guide them to the right decision and you'll be there to make obtaining a mortgage a pleasant experience.  Along the way, you may make a lot of money...and that's not bad at all!