STATE LINKS
Alabama State Banking Department

P.O. Box 4600
Montgomery, AL 36103-4600
(334) 242-3452
1-866-465-2279 (Toll Free)

   
Mortgage Loan Originator
           
 
Courses
Continuing Education
$99

Other Courses
National Exam Test Preparation


SAFE ACT Requirements
  • See education requirements below - BUY SAFE ACT HOURS HERE
  • SAFE MLO Test- All applicants who file an application prior to 6/1/2010 must pass the National Component of the SAFE MLO Test by 6/1/2010. All new applicants on or after 6/1/2010 must pass the National and State Components of the SAFE MLO Test before submitting their application to Alabama. The AL State Component of the SAFE MLO Test will be available as of 6/14/2010. All applicants are required to pass the State Component of the SAFE MLO Test before submitting their license renewal request in 2011- BUY NATIONAL EXAM TEST PREP HERE
  • Criminal Background Check -All licensees must submit fingerprints through NMLS for a criminal background check by 6/1/2010.All new applicants on or after 6/1/2010 must submit fingerprints through NMLS for a criminal background check at time of application.
  • Credit Report - All licensees must authorize a credit report by 6/1/2010. All licensees will be required to authorize a credit report through NMLS between October 2010 and March 1, 2011.


Education Requirements
Type Hours Required Courses Frequency
SAFE Act Pre-License 20 SAFE CORE 8 Hours
Notes: Applicants who file prior to 6/1/2010 must complete 20 hours of NMLS approved education pre-licensure by 6/1/2010. All new applicants on or after 6/1/2010 must have completed 20 hours of NMLS approved pre-licensure education. State approved courses will no longer be accepted after 12/31/2009. All new applicants on or after 6/1/2010 must have completed 20 hours of NMLS approved pre-licensure education. Applicants who file prior to 6/1/2010 must complete 20 hours of NMLS approved education pre-licensure by 6/1/2010.
SAFE Act Continuing Education 8 SAFE CORE 7 Hours Yearly by 12/31
Notes: All licensees must complete 8 hours of NMLS approved continuing education in 2010 in order to renew for 2011 unless PE was completed after June 1, 2010.
 
 


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