Discover the MLO license education requirements in Nebraska. To obtain an MLO license, individuals in Nebraska must complete 22 hours of NMLS-approved pre-licensing education. This education covers federal law, ethics, non-traditional mortgage lending, elective education, and Nebraska-specific topics.
As mentioned, Nebraska MLO applicants must complete 22 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, 12 hours of elective education, and 2 hours of Nebraska state-specific defined electives.
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 Nebraska 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 Nebraska are required to complete 22 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 Nebraska with My Mortgage Trainer today. View our course and test preparation options here.
Nebraska MLO applicants must also complete 2 hours of Nebraska Department of Banking & Finance (NDBF) defined electives, covering required topics such as the Nebraska Residential Mortgage Licensing Act, MLO license qualifications, as well as duties and prohibited acts found in the RMLA. Explore our online self-study option now.
In addition to meeting Nebraska’s pre-licensing education requirements, 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!