Continuing Education Requirements
The SAFE Act requires Illinois licensed mortgage loan originators to meet annual continuing education requirements. The minimum continuing education requirements to renew a mortgage loan originator license in Illinois are:
- Complete 8 hours of NMLS-approved continuing education. The education must include a minimum of:
- three hours of federal mortgage law;
- two hours of ethics;
- two hours related to the nontraditional mortgage market place.
For information on Illinois license renewal requirements, visit the Illinois Department of Financial and Professional Regulation
website or the Nationwide Mortgage Licensing System
website.