MLO License Education Requirements in Maine

Overview of MLO License Education Requirements in Maine

Let’s explore the MLO license education requirements in Maine. Aspiring MLO’s in Maine must complete 20 hours of NMLS-approved education. This comprehensive education encompasses 3 hours of federal law, 3 hours of ethics (addressing fraud, consumer protection, and fair lending), 2 hours of non-traditional mortgage lending, and 12 hours of elective education.

State-Specific MLO License Education Requirements in Maine

Maine does not impose any additional state-specific pre-licensing education requirements beyond the initial 20 hours of SAFE education. Once you complete the 20 hours of SAFE education, you are ready to take your exam without needing any further education.

Application Process

Alongside completing pre-licensing education, you must pass the National MLO Exam and undergo a criminal background check to obtain licensing. Make use of the NMLS-provided Maine MLO Application Checklist to guide you through the application process. 

View the Maine Application Checklist

At a Glance

  • NMLS Approved Education: 20 Hours
  • ME State Specific Education: None
  • ME License Application Fee: $20.00
  • NMLS Processing Fee: $30
  • Credit Report Fee: $15.00
  • Background Check Fee: $36.25

Get Started With SAFE 20 Hour Education

MLO applicants in Georgia 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 path to MLO licensure in Georgia today by choosing us as your training provider. View our course and test preparation options here.

Additional Info on Requirements for Becoming a Licensed MLO in Maine

In addition to completing the pre-licensing education requirements in Maine, 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!