How Many Hours of Continuing Education Must All Mlos Complete Annually
NMLS Continuing
Education (CE)
Renew your NMLS License by completing CE that shows you industry updates while keeping the class engaging and entertaining. Our CE Instructors have over 20+ years of experience and continue to receive high ratings and reviews from students year after year! All of this combined with fast credit-banking and reporting your course completion within 48 business hours!
Get Started with NMLS Continuing Education.
Benefits of Continuing Education with Diehl.
The number one complaint about CE, in general, is that it's boring, not current, and a waste of time. That's why we create our courses with full video, tons of interactions, and engagements and bring in guest expert interviews to talk about current issues and recent enforcements.
Experience the Diehl difference – Engage, Educate and Entertain through your required courses.
Not all NMLS Continuing Education classes are created equally. Diehl Education offers MLOs tons of benefits like classes that are both engaging and entertaining. Plus, Diehl's instructors have more than 20 years of experience.
Don't believe us? Just check out the high ratings and reviews from past students. You can get your coursework completed and reported within just 48 short business hours.
Time - Certified
When you take a continuing education class through Diehl Education, you can be confident that you won't be in the course for any longer than you have to. Each class is carefully timed to ensure that it meets the necessary 8 hours – without a minute more, provided you stay focused and pay attention, of course.
Updated Industry Content
Continuing Education isn't useful if it has outdated content. That's why Diehl Education updates all of its Federal and state-specific Continuing Education course each year. This means you'll have a totally new Federal CE course each year as well as a new state-specific CE course. So, not only will you get new, engaging information annually, you'll also be satisfying the SAFE Act's "Successive Year" rule.
Support Every Step of the Way
At Diehl Education, we work hard to help all MLOs have an amazing Continuing Education course experience. Backed up by rave reviews in surveys and Google, we're confident that Diehl offers the customer service and help you deserve.
Convenient, Quick Reporting to the NMLS
After you successfully complete your CE course, Diehl reports your completion to the NMLS within 24-48 business hours. That's actually more than twice as fast as the NMLS requires. In turn, you'll have peace-of-mind that your coursework is completed and reported by the time the NMLS deadline rolls around.
Course Options
Students can choose live classes, online coursework, and live streaming to complete their CE.
MLO Continuing Education Requirements
To stay up-to-date as a mortgage loan originator, you'll need to meet the following requirements:
Complete a minimum of 8 hours of NMLS-approved mortgage education annually
The eight hours of NMLS-approved mortgage education is split up into different topics which include the following:
·Three hours detailing Federal law
·Two hours of ethics, which can include fraud, fair lending, and consumer protection issues
·Two hours of non-traditional mortgage lending
·One hour of undefined education (also known as an "elective" hour)
Comply with the SAFE Act's "Successive Year" rule
To comply with the SAFE Act's successive year rule, you cannot take the same Continuing Education course two years in a row.
The best way to figure out who needs to take this class is to log in to the NMLS to see your requirements. Your Course Completion Record will show you whether you need to earn your Continuing Education credits.
Mortgage Continuing Education Courses by State
Every state has varying Continuing Education requirements and some state agencies even require MLOs to take classes covering state-specific content. Make sure that you fully review the requirements for the state you're licensed in.
To give you an example, New Hampshire simply requires MLOs to finish 8 hours of CE each year and there are no additional state-specific requirements. However, if you're an MLO in New York, you'll need 11 hours of CE with 3 hours spent on New York-specific content.
To see your specific state's CE requirement, choose you r state.
Choose Your State
NMLS Continuing Education Deadline for 2022
For 2022, MLOs will have until December 31st to complete their required continuing education coursework. The renewal window for most states falls between November and December each year. It's important to remember that the year you renew ensures your license is valid through the next year. So when you complete your CE class in 2022 by the deadline, your license will be valid through 2023.
SMART Renewal Deadline: CE reported to NMLS by Friday, December 9, 2022
At-Risk-to-Miss Renewal Deadline: CE reported to NMLS by Friday, December 16, 2022
Guaranteed to Miss Renewal Deadline: CE reported to NMLS on Friday, December 30, 2022
Take The Next Step.
Use the course selector to find your course, or find out what's required for CE in your state by hovering over the "Continuing Education" tab at the top of the page!
Get Started with NMLS Continuing Education.
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Continuing Education
Training FAQs
How do I renew my NMLS License?
You must renew your NMLS License annually generally between November 1 and December 31. Take these steps to renew your NMLS license before the end of the year.
Step 1: Prepare for the Process
There are a number of things you must do to be eligible for renewal, including NMLS Continuing Education (CE). Make sure that you've completed your CE before attempting to renew your license.
If you've never renewed your NMLS license before, you'll want to check out the NMLS Renewal Handbook as a guide for what you can expect during the process for both institutions and individuals. You'll be renewing your license online, so make sure that you have your login and password available and a credit or debit card to pay the renewal fee.
Step 2: Batch Upload
Institutions can use batch upload to process the renewal and reactivation of individuals once your institution registration has been renewed.
Step 3: Ensure Up-to-Date Records
Log into your NMLS account to ensure that your record is up to date. If you don't know your username or password, you can have the information sent to you through the login screen. Once you're logged in, check that your MU1R or MU4R is up to date before renewing.
Step 4: Confirm Renewal Process Completion
Ensure that you and your MLOs have all completed the renewal process. You can do this through the Composite View tab or the Renewal/Reactivation Activity report. MLOs will receive email notifications from NMLS to confirm the completion of license renewals.
How many hours of Continuing Education (CE) are required for NMLS?
Each state has its own NMLS online Continuing Education (CE) requirements. If you're licensed in multiple states, make sure that you know what your Continuing Education requirements are. The SAFE ACT requires 8 hours of MLO continuing education annually.
The NMLS CE course license renewal credit hours are also categorized and include:
- Three hours of Federal Laws and Regulations
- Two hours of Ethics
- Two hours of non-traditional home loan training
- One hour of electives
For more information about Continuing Education, you can visit the NMLS Resource Center .
When is NMLS Continuing Education due?
Your NMLS Continuing Education (CE) courses should be completed ten days before the actual license renewal due date. This allows enough time for your NMLS Continuing Education credits to be uploaded into the NMLS database for your renewal paperwork. Finishing your CE too close to the renewal deadline might mean that you won't get your license renewed on time.
Adhere to the following NMLS deadlines to ensure you're able to renew your license on time:
- SMART Renewal Deadline: December 10
- At-Risk Deadline: December 17
- Guaranteed Missed Deadline: December 31
What happens if my NMLS license expires?
If you do not renew your NMLS license before December 31, you will be placed on an inactive registration status. To become active again, you must reactivate your registration the same way you would renew your license.
If your license has expired, it means that you didn't have an active federal registration for five years or that you failed to obtain or maintain a valid state license for five years, which means that your test has expired, and you'll need to retake it. NMLS will send you notifications when your test is about to expire so that you can either get your license activated or let your test expire if you're leaving the mortgage industry for good.
If you do need to retake the test, Diehl Education offers extensive and comprehensive MLO test preparation that can help you relearn anything about the industry that you might have forgotten over the past five years.
How does Diehl help MLOs prepare for NMLS renewal?
Whether you want to add an MLO license or need help preparing for renewal, our NMLS Continuing Education (CE) classes can help. Diehl can help MLO's prepare for renewal by ensuring they meet the necessary 8-hour requirements of CE. Our program also provides content that's constantly updated so that you're not learning old materials. All of our Federal and state-specific CE courses are updated with new information each year.
Not only that, but once your CE course has been completed, Diehl will take care of the paperwork and report your competition to the NMLS within 24-48 business hours to ensure that you have a speedy renewal process.
New to the mortgage industry or already working as an MLO but need to get your license? No problem. We provide P re-Licensing Education to help you get the practice and resources you need to pass your test on the first try.
They truly want to see you succeed and will do whatever they can to help.
Diehl and Scott are fantastic! They really helped me in my preparation for my state licensing exam.
Specially the app, Prep2Pass. I can't imagine using anyone else!
Brand new to this industry and passed the Federal exam first time in less than 30 days. Scott presents the online class in a laid back professional atmosphere which totally helps doing the 20 hours compliance training.
With the training provided by Diehl and the study tools that were given to me I was able to pass the National test on my first try. I would recommend this training to anyone wanting to take their MLO test.
Today I passed my NMLS exam with an 81. Thanks Frank and Scott. You guys Rock!!!
Mortgage Loan Officer Education Support
Ready to launch your career as a Mortgage Loan Originator? We have a 97% Student Satisfaction Rate and are here to help you get licensed, remain licensed and grow your business.
Pre-Licensing Education
Our pre-licensing education programs ensure you're up to speed on NMLS requirements while providing helpful tips to prepare you for your exam. Whether you're new to the industry or are an MLO on track toward licensure, our pre-licensing options can help you meet your professional goals.
Add a License
Expanding your operations to a new state? Learn how Diehl Education can help you complete State PE courses or State-specific Pre-Licensing courses to help you meet additional licensing requirements in all 50 states.
Late CE
Missed your CE deadline for NMLS renewal? Start the renewal process today with our late continuing education options. Learn about licensing requirements, late penalties, and late continuing education options below.
Test Prep
Get ready for your SAFE MLO exam with our Prep2Pass™ test prep tools. From test simulations to digital flashcards, our test prep options provide the foundation you need to enter your exam with confidence. Plus, if you fail the NMLS Test after scoring a 95% on a Prep2Pass™ Simulated Test, we will give you 100% of your money back. See terms and conditions at the bottom of the page.
Source: https://diehleducation.com/nmls-continuing-education/
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