Let’s explore the MLO license education requirements in Colorado. Aspiring MLOs must actively complete 20 hours of NMLS-approved education. This education covers federal law, ethics, instruction on non-traditional mortgage lending, elective education, and 2 hours of Colorado-specific education. These requirements are vital for fulfilling the licensing criteria in Colorado.
As mentioned, Colorado MLO applicants must complete 20 hours of NMLS-approved education. This comprehensive education covers 3 hours of federal law, 3 hours of ethics (encompassing fraud, consumer protection, and fair lending), 2 hours of non-traditional mortgage lending, 10 hours of elective education, and 2 hours of Colorado-specific education.
In addition to pre-licensing education, you will also need to pass the National MLO Exam and undergo a criminal background check before licensing. Utilize the Colorado MLO Application Checklist provided by the NMLS to assist you in the application process. You can view the full checklist using the link below.
Aspiring MLO’s in Colorado are required to complete 20 hours of NMLS approved SAFE education prior to licensure. My Mortgage Trainer offers a range of format options for the 20-hour course to cater to your study needs and accommodate your schedule. Start your journey towards MLO licensure in Colorado with us today. View our course and test preparation options here.
Colorado MLO applicants must complete 2 hours of state-specific defined electives covering topics like CO-DORA, CO Law & Regulation Definitions, CO License Law & Regulation, Compliance, and Disciplinary Action. Explore our online self-study option now.
To fulfill the Pre-licensing Requirements for Colorado, you must also pass the NMLS National MLO Exam and acquire your NMLS ID Number. We have developed informational videos to guide you through obtaining your NMLS ID, scheduling the exam, and excel with valuable tips. Subscribe to our YouTube Channel for more great tips and industry-related news. Subscribe to our YouTube Channel for more great tips and industry-related news!
Contact Information
My Mortgage Trainer, Inc.
8420 Masters Rd.
Indianapolis, IN 46250
(317) 566-0425
info@mymortgagetrainer.com
Office Hours
Monday – Thursday: 9AM – 6PM EST
Friday: 9AM – 4PM EST
Saturday – Sunday: Closed
All Scheduled Webinar and Instructor Led Course times are EST
NMLS Approved Provider #1400080