A Rundown on Getting Your Mortgage Loan Officer License in California

 Becoming a mortgage loan officer (MLO) is a very rewarding career option. Not only is it a very lucrative profession but you also help prospective homeowners get their dream properties.

So, how do you get a mortgage loan officer license in California to practice in this state?

Click here to learn more about obtaining a mortgage loan officer license in California

The following are the stages of obtaining an MLO license in California.

  • Open an account with the Nationwide Mortgage Licensing System (NMLS) and get an NMLS ID number that will be valid throughout your career.
  • Complete the 20 hours of pre-licensing course from a provider who is on the approved list of NMLS. You can either choose an online course or a classroom environment. The course covers two sections, the national part and the state-specific part that covers the mortgage rules and regulations in California.

    One of the top MLO pre-licensing course providers is RealEstateU. Check out their courses and prep tests designed by leading professionals in this field.

    • Schedule your Secure and Fair Enforcement (SAFE) test with the NMLS and pay the required fees. Appear for the test and pass it. You must score at least 75% to get a passing grade.
    • Submit your fingerprints for verification of whether you have any past criminal records. This is required as MLOs must maintain high standards of honesty and integrity.
    • After passing the SAFE test, apply to NMLS and receive a mortgage loan officer license in California.
    • Find a mortgage broker firm to sponsor you during the initial stages of your career.

    Once this step is done, your license will be activated and you can practice as an MLO in California.  


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