MLO License Education Requirements in Idaho

Overview of Education Requirements in Idaho

To license as an MLO you must complete the MLO license education requirements in Idaho, which includes completing 20 hours of NMLS-approved pre-licensing education. This education covers federal law, ethics, non-traditional mortgage lending, elective education, and Idaho-specific topics.  

State Specific MLO License Education Requirements in Idaho

As mentioned, Idaho 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, 10 hours of elective education, and 2 hours of Idaho state-specific defined electives.

Application Process

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 Idaho MLO Application Checklist provided by the NMLS to assist you in the application process. You can view the full checklist using the link below.

View the Idaho Application Checklist

At a Glance

  • NMLS Approved Education: 20 Hours
  • ID State Specific Education: 2 Hours
  • ID License/Registration Fee: $100.00
  • ID License Application Fee: $200.00
  • NMLS Processing Fee: $30.00
  • Credit Report Fee: $15.00
  • Criminal Background Check Fee: $36.25

Completing your SAFE20 Education

Aspiring MLO’s in Idaho 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. Begin your journey towards MLO licensure in Idaho with My Mortgage Trainer today. View our course and test preparation options here.

Completing Your Idaho Education

Idaho MLO applicants must also complete 2 hours of Idaho Department of Finance (ID-DOF) defined electives, covering required topics such as the Idaho Residential Mortgage Practices Act, and the Licensing and Operation of Mortgage Brokers and Mortgage Lenders, as well as Mortgage Loan Originators. Explore our online self-study option now. 

Additional Info on Requirements for Becoming a Licensed MLO in Idaho

To fulfill the Pre-licensing Requirements for Idaho, 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!