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Late 8 Hour SAFE Comprehensive Online Self Study NMLS Approved Course Number 7568
Late continuing education for expired MLO licenses to meet a prior year’s CE requirement for MLO license reinstatement. Multi-media enabled online self study course, complete a few minutes at…
$99.99$89.99 Add to cart
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Nevada MLO PreLicensing Education Requirements
New state-licensed MLOs are required to complete 30 hours of NMLS hours of ethics (which shall include fraud, consumer protection, and fair lending issues), 2 hours of non traditional mortgage lending, 18 hours of undefined education (referred to as electives) + 4 hours of NV law. Number of hours is 3/3/2/18/+ 4hrs of NV law = 30
Nevada has a requirement for 4 hours of instruction on state-specific law which may be satisfied by either taking a NV comprehensive course or a state-specific elective course.
Click here to start with the 30 Hour Course and get ready for the NMLS national component exam
Nevada Mortgage Loan Originator Continuing Education Requirements
Every state-licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually beginning the year they are licensed (unless PE was completed in the same year). Annual CE education must include 3 hours of Federal law, 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), and 2 hours of non-traditional mortgage lending, plus 3 hours of NV specific education. Number of hours is 3/2/2/+ 3hrs of NV law = 10
Click here for an 8 hour Comprehensive CE Course, NMLS Approved!
MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row. MLO’s are advised not to retake pre-licensure education (PE) unless directed to by a State Regulator. PE education does not count towards meeting annual CE requirements.
Am I required to take Continuing Education this year? | |||
If I completed SAFE Act PE in 2009,2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018 or 2019 | and I was licensed in 2009, 2010, 2011, 2012, 2013, 2014, 2015, or 2016, 2017, 2018, 2019 | am I required to complete CE in 2020 | YES |
If I completed SAFE Act PE in 2020 | and I was approved for an initial license in 2020 | am I required to complete CE in 2020 | No |
Deadline
The deadline to complete CE is December 31, 2020. However, MLOs in Nevada are prohibited from submitting an application to renew their license if they have not completed CE. Since it may take as long as seven (7) days for a course provider to report a course completion into NMLS, MLOs are strongly encouraged not to wait until the last minute to try to complete CE or they may be prevented from submitting for renewal on time.
Click here for an 8 hour Comprehensive CE Course, NMLS Approved!
-
Late 8 Hour SAFE Comprehensive Online Self Study NMLS Approved Course Number 7568
Late continuing education for expired MLO licenses to meet a prior year’s CE requirement for MLO license reinstatement. Multi-media enabled online self study course, complete a few minutes at…
$99.99$89.99 Add to cart
Buy Now
Request a coupon code, group pricing or customized NMLS SAFE education plan by completing the form
State of Nevada Department of Business & Industry
Division of Mortgage Lending
3300 West Sahara Avenue, Suite 285
Las Vegas, NV 89102 (map)
Phone: (702) 486-0782
Fax (702) 486-0785
Email: mldinfo@mld.nv.gov
Office Hours: Monday through Friday 8:00 am to 5:00 pm
Licensing
1830 College Parkway, Suite 100
Carson City, NV 89706
Phone: 775-684-7060
Fax: 775-684-7061
Email: MLDLicensing@mld.nv.gov
Education Requirements for Mortgage Companies
If you have questions, please contact Beth Waite, the Division’s Education and Information Officer.
Phone: 702-486-7232
E-mail: ewaite@mld.nv.gov
Education for Initial Licensure
The required pre-licensure education (PE) can be accessed through the NMLS website.
Education for Continuation of Licensing
The required continuing education (CE) coursework can be accessed through the NMLS website.
Nevada State Specific Education Requirements for Mortgage Loan Originators
Continuing Education Requirements for NMLS Mortgage Loan Originators and Qualified Employees
2021 Renewals (Due 12/31/20) for all residential mortgage loan originators (NMLS):
A total of 8 hours of CE is required for renewal. Annual CE education must include:
- 3 hours of Federal law
- 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues)
- 2 hours of non-traditional mortgage lending
- 1 hour of an elective course
QE renewals done during 2020 for 2021 renewals require one hour of Nevada law and regulations in lieu of the elective course. Any agent may take this Nevada specific course as their elective course.
All approved courses are available from providers approved through the Nationwide Multistate Licensing Service (NMLS). The list of approved education providers is available at the NMLS Website.
Continuing Education Requirement for Non-NMLS and Commercial Mortgage Loan Originators
All Commercial and Non-NMLS mortgage loan originators are required to complete a total of 5 hours of CE for annual renewal. This education must include:
- 2 hours of ethics (which shall include fraud, consumer protection, and fair lending issues
- 3 hours of non-traditional mortgage lending (may be satisfied with 3 one-hour elective mortgage lending courses)
Licensee Type |
Total PE Hours |
Course Requirements |
Total CE Hours |
Course Requirements |
Escrow Agencies |
0 |
0 |
||
Escrow Agents (NAC 645A.070) (NAC 645A.075) |
15 |
|
10 |
|
Mortgage Company [if a natural person; or Qualified Employee (QE) if not] (NAC 645B.367) (NAC 645B.373) |
30 |
|
8 |
|
Mortgage Loan Originators (NAC 645B.367) (NAC 645B.373) |
30 |
|
8 |
|
Licensee Type |
Total PE Hours |
Course Requirements |
Total CE Hours |
Course Requirements |
|
must be 1 hour Nevada Specific education] |
|||
Commercial Only (non NMLS companies and loan originators) |
30 |
|
5 |
|
Mortgage Servicers |
0 |
0 |
||
Covered Service Providers (NAC 645F.500) (NAC 645F.505) |
25 |
|
10 |
|
Licensee Type |
Total PE Hours |
Course Requirements |
Total CE Hours |
Course Requirements |
Foreclosure Consultant (NAC 645F.500) (NAC 645F.505) |
20 |
|
7 |
|
Loan Modification Consultant (NAC 645F.500) (NAC 645F.505) |
15 |
|
5 |
|
PE
Hours
CE
Hours