MLO License Education Requirements in North Carolina

Overview of Education Requirements in North Carolina

Let’s explore the MLO license education requirements in North Carolina. To obtain an MLO license, individuals in North Carolina must complete 24 hours of NMLS-approved pre-licensing education. This education covers federal law, ethics, non-traditional mortgage lending, elective education, and North Carolina-specific topics.  

State Specific MLO License Education Requirements in North Carolina

As mentioned, North Carolina MLO applicants must complete 24 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 4 hours of North Carolina state-specific defined electives.

Application Process

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 North Carolina 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 North Carolina Application Checklist

At a Glance

  • NMLS Approved Education: 24 Hours
  • NC State Specific Education: 4 Hours
  • NC Application Fee: $125.00
  • NMLS Processing Fee: $30.00
  • Credit Report Fee: $15.00
  • Background Check Fee: $36.25

Completing your SAFE20 Education

Aspiring MLO’s in North Carolina are required to complete 24 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 North Carolina with My Mortgage Trainer today. View our course and test preparation options here.

Completing Your North Carolina Education

North Carolina MLO applicants must also complete 4 hours of North Carolina Commissioner of Banks Office (NCCOB) defined electives, covering required topics such Contract Rates on Home Loans, Licenses & Registration, Required Conduct, and Prohibited Conduct. Explore our online self-study option now. 

Additional Requirements for Becoming a Licensed MLO in North Carolina

In addition to meeting North Carolina’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!