STATE LINKS
Virginia Bureau of Financial Institutions

Tyler Building
1300 E. Main St.
Richmond, Virginia 23219
(804) 371-9657

   
Mortgage Loan Originator
           
 
Courses
Continuing Education
$99

Other Courses
National Exam Test Preparation
Virginia State Exam Test Preparation


SAFE ACT Requirements
    • See education requirements below - BUY SAFE ACT HOURS HERE
    • SAFE MLO Test - All licensees must pass the National and State Components of the SAFE MLO Test by 7/1/2010. It is recommended that applicants pass the National and State Components of the SAFE MLO Test by 3/1/2010 in order to ensure adequate time for processing of the application - BUY NATIONAL EXAM TEST PREP HERE
    • Criminal Background Check - All licensees must submit fingerprints through NMLS for a criminal background check by 3/1/2010.
    Credit Report - All licensees must authorize pulling of a credit report by 3/1/2010


Education Requirements
Type Hours Required Courses Frequency
SAFE Act Pre-License 20 SAFE CORE 8 hours
Notes: All new applicants must complete 20 hours of NMLS approved prelicensure education prior to 7/1/2010. It is recommended that individuals complete the pre-licensure education prior to 3/1/2010 in order to ensure adequate time for processing of the MLO application.
SAFE Act Continuing Education 8 SAFE CORE 7 Hours Yearly by 12/31
Notes: All licensees must take 8 hours of NMLS approved continuing education in 2011 in order to renew for 2012.
 
 


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