How To Become A Loan Officer In Texas

To obtain a license from the office of consumer credit commissioner you must apply through nmls.
How to become a loan officer in texas. 3 hours of ethics which entails instruction on fraud consumer protection and fair lending issues. The nmls system is used to process mlo licensing requests for all 50 states including texas. How to become a mortgage loan officer in texas step 1.
Register for the texas loan officer pre licensing exam at the website of pearson vue see references the. Chapter 342 regulated lenders if they originate secondary mortgage loans chapter 347 manufactured housing creditors. Becoming a loan officer in texas requires you to meet the educational standards so you must take 23 hours of.
Schedule study for and pass your national mortgage exam. 5 easy steps to a getting a texas loan originator license. Create an nmls user account.
Below shows a breakdown of hours needed for each section. Apply for the mlo license. Take exam prep class and practice exams.
How to become a loan officer in texas background check. Entities whose originators must obtain a rmlo license are as follows. 20 3 hr tx 2.
Texas requires all new state licensed mlos to complete 23 hours of nmls approved education. To register for a texas nmls licensing class phone 214 269 7520 texas department of savings and mortgage lending sml licensed mortgage loan officers require 23 hours of pre licensing education. Make sure you can pass a background check before getting started because certain crimes can prevent.