Let’s explore the MLO license education requirements in Minnesota. Aspiring MLO’s in Minnesota 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.
Minnesota 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.
In addition to completing pre-licensing education, you will also need to pass the National MLO Exam and undergo a criminal background check before licensing. Utilize the Minnesota MLO Application Checklist provided by the NMLS to assist you in the application process. You can view the full checklist using the link below.
MLO applicants in Minnesota 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 Minnesota with My Mortgage Trainer today. View our course and test preparation options here.
In addition to completing the pre-licensing education requirements for Minnesota, 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!
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