Get Connecticut MLO Education Licensing CT DOB

How to get Connecticut Mortgage Loan Originator Prelicensing Education and Continuing Education Requirements

1. Get your NMLS Number

If you have not done so already, it takes 1 -2 minutes to get your NMLS number. https://www.statemortgageregistry.com/Public/Login.aspx Click "Request an account" Click "Individual" We try to make all of these things easier, what questions may we answer? Use the chat feature on the bottom right corner of every web page to get answers now!

2. Get and complete your CT 21 Hour Pre License Course Bundle

3. Pass the NMLS Nation Component Exam with Uniform State Test using our included test preparation program and add other states by getting and completing state PE courses

4. Apply for your Connecticut MLO License

Questions about qualifications or any part of the process? Use the chat feature on the bottom right or click here and get answers fast!

Connecticut Mortgage Loan Originator Licensing Checklist

https://mortgage.nationwidelicensingsystem.org/slr/PublishedStateDocuments/CT-Loan-Originator-Newapplication-checklist.pdf

Connecticut (CT) Mortgage Loan Originator Prelicensing Education Requirements

Click here to get your CT MLO 21 Hour Online Course

New state-licensed MLOs are required to complete 21 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, plus 12 hours of undefined education (referred to as electives). Number of hours is 3/3/2/12/ + 1hr of state law = 21 Effective 10/1/14 CT will require 1 hours of instruction on agency-specific law which may be satisfied by either taking a CT comprehensive course or a state-specific elective course.

Note: Connecticut has implemented PE Expiration. PE generally expires after 3 years of not holding a license/registration in any jurisdiction. Please review Section 36a-489a of the Connecticut General Statutes for more details.  Note: 1 hour must be a CT DOB Defined Elective. This item generally expires after 3 years of not holding a Connecticut license.

Connecticut MLO 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 one (1) additional hour of education (referred to as an elective). Number of hours is 3/2/2/ + 1hr of state law = 8 Effective 1/1/15 CT will require 1 hours of instruction on CT law which may be satisfied by either taking a CT comprehensive course or a state-specific elective course. 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.

Connecticut Department of Banking CT DOB

Connecticut Mortgage Loan Originator and Mortgage Company Licensing Agency

Regulator: Connecticut Department of Banking 

Address: 260 Constitution Plaza Hartford CT 06103 

Phone: (860) 240-8299 Fax: (860) 240-8167 Website: http://www.ct.gov/dob/site/default.asp 

Connecticut Department of Banking Consumer Credit Division

 260 Constitution Plaza Hartford, CT 06103-1800 

Telephone: (860) 240-8200 or toll-free 800-831-7225 Fax: (860) 240-8215 WHO TO CONTACT - 

Contact Richard Cortes by phone at 860-240-8138 or send your questions via e-mail to Richard.Cortes@ct.gov for additional assistance.

How much does a CT MLO License cost? $381 with charges as follow?

CT License Fee: $300 NMLS Initial Processing Fee: $30 Credit Report: $15 per person. FBI Criminal Background Check: $36.25 per person.