What are the requirements to obtain an MLO license in California?

Several California MLO license requirements must be met before obtaining a license.

  • Complete 20 hours NMLS approved of pre-licensing coursework which includes 2 hours of California-specific content.
  • Sit for the National Mortgage Loan Originator test and pass the exam.
  • Pay the required license fees through the Nationwide Multistate Licensing Service (NMLS). Attach the application with details of residency and employment history.
  • Complete fingerprinting to clear criminal background checks by the state and federal agencies.
  • Submit a credit report that proves you can take financial responsibility.
  • Be covered under an employer’s lending bond.

The California Department of Financial Protection and Innovation (CADFPI) issues an MLO license in California after these conditions are met.

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