How many hours of pre-licensing education are required by the NMLS?

The National Mortgage Licensing System (NMLS) mandates that prospective mortgage loan originators complete 20 hours of pre-licensing education. This requirement is designed to ensure that individuals entering the mortgage industry have a foundational understanding of critical concepts, laws, and regulations related to mortgage lending. The curriculum typically covers a variety of topics, including federal regulations, mortgage products, and ethical practices, equipping future MLOs to serve consumers responsibly and competently.

The 20 hours is a standardized requirement across many states, as it aligns with federal guidelines aimed at raising the qualifications and standards of mortgage loan originators. This educational background is essential for ensuring that MLOs can effectively navigate the complexities of the mortgage market and provide accurate advice to borrowers.