Let’s explore the MLO license education requirements in District of Columbia. District of Columbia requires individuals seeking to be licensed as an MLO to complete 20 hours of NMLS-approved pre-licensing education. This education covers federal law, ethics, instruction on non-traditional mortgage lending, elective education, and as well as District of Columbia-specific education. These requirements are vital for fulfilling the licensing criteria in District of Columbia.
As mentioned, District of Columbia MLO applicants must complete 20 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, 9 hours of elective education, and 3 hours of DC state-specific defined electives.
In addition to completing the MLO license education requirements in District of Columbia, you will also need to pass the National MLO Exam and undergo a criminal background check before licensing. Utilize the District of Columbia 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 District of Columbia 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 District of Columbia with My Mortgage Trainer today. View our course and test preparation options here.
District of Columbia MLO applicants must also complete 3 hours of District of Columbia Department of Insurance, Securities and Banking (DISB) defined electives, covering required topics such as the District of Columbia Department of Insurance, Securities and Banking, District Law & Regulation Definitions, License Law & Regulation, Compliance, Disciplinary Action, and Other Important District Areas. Explore our online self-study option now.
To fulfill the Pre-licensing Requirements for District of Columbia, 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!