23-Hr. DC MLO Pre-Licensing Standard Package

$549
This product includes:
Elective Hours: 20 Mandatory Hours: 3 Total Hours: 23
Description
Package content and courses
Renewal Requirements

This package includes all 20 hours of Pre-Licensing education required to become a mortgage loan originator (MLO), as well as Exam Prep Edge to help you pass your exam.

This package includes:

  • 20 Hour SAFE Comprehensive: Mortgage Loan Originator Pre-Licensing Course
  • 3 Hour DC SAFE: Pre-Licensing Course
  • SAFE Mortgage Loan Originator Exam Prep Edge

This 20 hour course fulfills the SAFE Act requirement and provides a comprehensive introduction to the principles and practices of mortgage lending. In addition to the required core topics, the course will focus on content areas appearing on the SAFE MLO Test:

  • Uniform state content
  • General mortgage knowledge
  • Mortgage loan origination activities, including loan inquiry and application process requirements, qualification, closing, and financial calculations

The course brings the content to life through a variety of videos and activities allowing students to learn the content, discuss it with an instructor and other students, and apply it to a range of exercises, real-life scenarios, and case studies.

Package Content:
3 hour DC SAFE: State Pre-licensing Course

An individual seeking a mortgage loan originator (MLO) license in the District of Columbia is required to complete 20 hours of NMLS-approved education. Of this requirement, three hours of DC-specific law must be completed. This online self-study course satisfies the three hours of required state-specific education.

Within this course, students will spend time reviewing state regulations and acts impacting MLO activities; perusing scenarios, examples, and case studies; and completing activities to demonstrate understanding of the content.

State Requirements For District of Columbia

DC Requirement Details for Mortgage Pre-Licensing Education

Hours Required by the State: 20
  • 3 hours of federal law

  • 3 hours of ethics

  • 2 hours of non-traditional mortgage lending

  • 9 hours of electives

  • 3 hours of DC Law

Seat Time

Seat time will be enforced and our online course delivery system manages this requirement

NMLS ID Registration: 

The NMLS system is used to process MLO licensing requests for all 50 states. A unique NMLS ID is required to report all course completions. Creating an account and obtaining an ID number is a simple process that can be completed here.

Licensing Exam:

he licensing exam is administered by NMLS.  Registration for the licensing exam is an entirely separate process from your course final exam. For instructions to register for your licensing exam and further information, please click here.


 

District of Columbia Contact Details for Mortgage Pre-Licensing Education

District of Columbia Division of Banking and Securities
Phone: 202-727-8000
Email: bankingbureau@dc.gov
Website: District of Columbia Department of Insurance, Securities and Banking

NMLS Resources for Mortgage Pre-Licensing Education

District of Columbia MLO License Description Page
Professional Standards: Mortgage Education
Professional Standards: Criminal Background Check 
Professional Standards: Credit Report
Professional Standards: MLO Testing