STATE LINKS
Ohio Division of Financial Institutions

Division of Financial Institutions
77 South High Street, 21st Floor
Columbus, OH 43215-6120
(614) 728-8400
webdfi@dfi.com.state.oh.us

   
Mortgage Loan Originator
           
 
Courses
Continuing Education
$99

Other Courses
National Exam Test Preparation
Ohio State Exam Test Preparation

SAFE ACT Requirements
    • See education requirements below - BUY SAFE ACT HOURS HERE
    • SAFE MLO Test - All licensees under the OMBA must pass the National Component of the SAFE MLO Test by 4/30/2010. Existing licensees under the OMBA that passed the existing OH licensing test prior to 1/1/2004 must retake the OH licensing test currently offered by PSI prior to 4/30/2010 - BUY NATIONAL EXAM TEST PREP HERE
    • Criminal Background Check - All licensees must submit fingerprints through NMLS for a criminal background check by 12/31/2010.
    • Credit Report - All licensees must authorize a credit report through NMLS by 12/31/2010.


Education Requirements
Type Hours Required Courses Frequency
Pre-License 20 SAFE CORE 8 hours
Notes: All new applicants under both the OMBA and OMLA, on or after 1/1/2010 must have completed 20 hours of NMLS approved prelicensure education. Applicants under the OMBA must also take an additional 4 hours of NMLS and OH DFI approved prelicensure education. Existing licensees under the OMBA must complete either the existing 24 hour OH approved pre-licensure education or a minimum of 20 hours of OH approved continuing education by 12/31/2009. State approved continuing education courses will no longer be accepted after 12/31/2009.
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 LOs who have completed at least 20 hours of OH state approved education on or before 12/31/2009 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.
Certification (Test)
Notes: Currently licensed LOs who have passed the OH mortgage test no later than 4/30/2010 may be eligible to participate in the testing certification process and may not need to take the OH Component of the SAFE LO Test. Refer to your state agency for more information.
 
 


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