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What are the license renewal and continuing education requirements?
Loan officer licenses are valid from May 1 through April 30 of the following year and may be renewed annually by paying a $100 license fee and submitting proof that the applicant for renewal has completed six hours of continuing education conducted by a Division-approved vendor.
Can I carry over continuing education hours from one renewal cycle
to the next?
No.
What happens if I don’t complete my continuing education requirement?
Any person who fails to meet the continuing education requirement may not function as a loan officer or operations manager.
For more details on becoming a licensed mortgage lender, click here.
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