MLO License Education Requirements in Virginia

Overview of MLO License Education Requirements in Virginia

Let’s explore the MLO license education requirements in Virginia. Aspiring MLO’s in Virginia 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 Education Requirements in Virginia

In Virginia, there are no additional state-specific pre-licensing education requirements beyond the initial 20 hours of SAFE education. Once you have successfully completed the 20 hours of SAFE education, you are fully prepared to proceed with your exam. No further education is necessary in this regard.

Application Process

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

View the Virginia Application Checklist

At a Glance

  • NMLS Approved Education: 20 Hours
  • VA State Specific Education: None
  • VA Application Fee: $150.00
  • NMLS Processing Fee: $30
  • Credit Report Fee: $15.00
  • Background Check Fee: $36.25

Get Started With SAFE 20 Hour Education

MLO applicants in Virginia 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 Virginia with My Mortgage Trainer today. View our course and test preparation options here.

Additional Requirements for Becoming a Licensed MLO in Virginia

In addition to completing the pre-licensing education requirements in Virginia, you must not only pass the NMLS National MLO Exam but also obtain your NMLS ID Number. At My Mortgage Trainer, we have developed informational videos that effectively guide you through the process of acquiring your NMLS ID, scheduling the exam, and excelling with valuable tips. By subscribing to our YouTube Channel you can stay updated with a constant stream of great tips and industry-related news.