Can I get free mortgage loan officer training?
No, the required training is not free. State-licensed mortgage loan originators must complete at least 20 hours of NMLS-approved pre-licensing education, and NMLS itself is barred from offering courses, so training comes from approved providers at prices that vary by provider. NMLS does publish the SAFE MLO Test content outline, the only study material it publishes, plus 10 official sample questions.
Yes, potentially through an employer. Nebraska law allows the required prelicensing education to be provided by your employer or its affiliates, so the 22-hour course can come at no cost to you if a sponsoring company provides it (Neb. Rev. Stat. 45-730). The course content must still be approved by the NMLS.
Sources: NMLS: Nebraska state-specific PE and CE requirements for MLOs.
Nevada offers no free state-run training; the required 30 hours of pre-licensing education must come from NMLS-approved providers. However, NAC 645B.367 permits approved courses to be provided by the applicant's employer or affiliates, so an employer can supply or cover the cost of the required coursework.
Sources: NMLS: Nevada state-specific PE and CE requirements for MLOs.
Virginia does not offer free state-run training, but your employer can provide it. State law allows pre-licensing education to be delivered by the employer, an affiliated entity, or a subsidiary, as long as the course is approved through the Nationwide Multistate Licensing System and Registry (NMLS). Otherwise you must complete the 20 hours through an approved provider, and prices vary.
Sources: Va. Code § 6.2-1708. Pre-licensing education of mortgage loan originators.