PE: 2-Hour California (DFPI)

New state-licensed MLOs are required to complete 20 hours of NMLS-approved education. This education must include:

• 3 hours of Federal law
• 3 hours of ethics (which shall include fraud, consumer protection, and fair lending issues)
• 2 hours of non-traditional mortgage lending
• 10 hours of undefined education (referred to as electives)
• 2 hours of CA-DFPI law.

Number of hours is 3/3/2/10/ + 2hrs of CA-DFPI law = 20

California – DFPI has a requirement for 2 hours of instruction on state-specific laws which may be satisfied by either taking a CA-DFPI comprehensive course or a state-specific elective course.