STATE LINKS
Vermont Banking Division

89 Main Street
Montpelier, VT 05620
802-828-3301

   
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 new applicants on or after 4/1/2010 must have passed the National and State Components of the SAFE MLO Test. Existing licensees as of 3/31/2010 must pass the National and State Components of the SAFE MLO Test by 7/1/2010 - BUY NATIONAL EXAM TEST PREP HERE
    • Criminal Background Check - All new applicants on or after 4/1/2010 must submit fingerprints through the NMLS for a criminal background check. Existing licensees as of 3/31/2010 must submit fingerprints through NMLS for a criminal background check by 7/1/2010.
    • Credit Report - All new applicants on or after 4/1/2010 must authorize pulling of a credit report. Existing licensees as of 3/31/2010 must authorize pulling of a credit report by 7/1/2010.

     



Education Requirements
Type Hours Required Courses Frequency
SAFE Act Pre-License 20 SAFE CORE 8 hours
Notes: All new applicants on or after 4/1/2010 must have completed 20 hours of NMLS approved prelicensure education. Existing licensees as of 3/31/2010 must complete 20 hours of NMLS approved pre-licensure education by 7/1/2010.
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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