MLO License Education Requirements in Washington

Overview of Education Requirements in Washington

Let’s explore the MLO license education requirements in Washington. To obtain an MLO license, individuals in Washington must complete 22 hours of NMLS-approved pre-licensing education. This education covers federal law, ethics, non-traditional mortgage lending, elective education, and Washington-specific topics.

State Specific MLO License Education Requirements in Washington

As mentioned, Washington 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, 10 hours of elective education, and 4 hours of Washington 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 Washington 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 Washington Application Checklist

At a Glance

  • NMLS Approved Education: 20 Hours
  • WA State Specific Education: 4 Hours
  • WA License 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 Washington 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 Washington with My Mortgage Trainer today. View our course and test preparation options here.

Completing Your Washington Education

Washington MLO applicants must also complete 4 hours of Washington Department of Financial Institutions (WA-DFI)) defined electives, covering required topics such as the Washington Mortgage Brokers Act, The Consumer Loan Act, the Escrow Agent Registration Act, the Usury Act, and unfair practices. Explore our online self-study option below.

Additional Info on Requirements for Becoming a Licensed MLO in Washington

In addition to meeting Washington’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!