NMLS Course Number: 11218
Pre-Licensure Education Requirements
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 CO law.
Number of hours is 3/3/2/10/+ 2hrs of CO law = 20
CO has a requirement for 2 hours of instruction on state-specific laws which may be satisfied by either taking a CO comprehensive course or a state-specific elective course.
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