Let’s explore the MLO license education requirements in Connecticut. Connecticut requires individuals seeking to be licensed as an MLO to complete 21 hours of NMLS-approved pre-licensing education. This education covers federal law, ethics, instruction on non-traditional mortgage lending, elective education, and 1 hours of Connecticut-specific education. These requirements are vital for fulfilling the licensing criteria in Connecticut.
As mentioned, Connecticut MLO applicants must complete 21 hours of NMLS-approved education. This education includes 3 hours of Federal law, 3 hours of ethics (covering fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, and 12 hours of elective education. Additionally, Connecticut mandates 1 hour of instruction on state-specific laws.
In addition to completing the MLO License Education Requirements in Connecticut, you will also need to pass the National MLO Exam and undergo a criminal background check before licensing. Utilize the Connecticut 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 Connecticut are required to complete 21 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. Begin your journey towards MLO licensure in Connecticut with My Mortgage Trainer today. View our course and test preparation options here.
Connecticut MLO applicants must also complete 1 hour of Connecticut Department of Banking (CT-DOB) defined electives covering required topics such as the Connecticut Abusive Home Loan Lending Practices Act, General Mortgage Statutes, and Other Mortgage and Loan Practices. Explore our online self-study option now.
To fulfill the Pre-licensing Requirements for Connecticut, 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!