STATE LINKS
Maryland Department of Labor, Financial Regulation

500 N. Calvert St.
Baltimore, MD 21202
crivera@dllr.state.md.us
410-230-6014

   
Mortgage Loan Originator
           
 
Courses

Continuing Education
$99

Other Courses
National Exam Test Preparation
Maryland State Exam Test Preparation


SAFE ACT Requirements
  • See education requirements below - BUY SAFE ACT HOURS HERE
  • SAFE MLO Test - Interim or previously exempt licensees must pass the National and State Components of the SAFE MLO Test by 7/31/2010. Existing licensees must pass the National and State Components of the SAFE MLO Test by 12/31/2010 - BUY NATIONAL EXAM TEST PREP HERE
  • Criminal Background Check - Interim or previously exempt licensees must submit fingerprints through NMLS for a criminal background check by 7/31/2010. Existing licensees must submit fingerprints through NMLS for a criminal background check by 12/31/2010.
  • Credit Report - Interim or previously exempt licensees must authorize a credit report through NMLS by 7/31/2010. Existing licensees must authorize a credit report through NMLS by 12/31/2010.


Education Requirements
Type Hours Required Courses Frequency
SAFE Act Pre-License 20 SAFE CORE 8 hours
Notes: Interim or previously exempt licensees must complete 20 hours of NMLS approved pre-licensure education, including 5 hours of MD specific, by 7/31/2010. Existing licensees must complete 20 hours of NMLS approved prelicensure education, including 5 hours of MD specific, by 12/31/2010. State approved courses will no longer be accepted after 1/1/2010.
SAFE Act Continuing Education 8 SAFE CORE 7 Hours By 12/31/2010
Notes: All licensees must take 8 hours of NMLS approved continuing education in 2010 in order to renew for 2011, unless PE was completed in 2010.
Certification (Education)
Notes: Currently licensed MLOs who have completed at least 20 hours of MD state approved education on or before 1/1/2010 may be eligible to participate in the PE certification process and may not need to take the NMLS approved pre-licensure education. Refer to your state agency for more information.
 
 


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