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Ohio Pre-Licensing Course
Ohio Pre-Licensing Course
at Mortgage Educators & Compliance
Ohio Catalog
Obtaining a mortgage license and becoming a Ohio loan officer is very simple, but it’s not for everyone. It takes a willingness to learn the basic ins and outs of the industry as well as a desire to work hard. The mortgage industry is a great one to get into and it provides a lot of flexibility. If you like to work hard, you are a people person, and you have a desire to learn, becoming a mortgage loan officer is the perfect choice for you.
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Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Showing wage data for:
Entry
Median
High
Salary
Hourly Wage
$37,020
$69,990
$139,470
$17.8
$33.65
$67.05
Admissions
1. Apply for your NMLS Account and ID Number The first step to getting your Ohio mortgage license is applying for an NMLS account and ID number. To do so, go to the NMLS website. 2. Complete your NMLS Pre-License Education Ohio requires new state-licensed MLOs to complete 24 hours of NMLS-approved education. This includes 3 hours of Federal law, 3 hours of ethics, 2 hours of non-traditional mortgage lending, 12 hours of electives, and 4 hours of Ohio specific law. 3. Need to Pass the NMLS Mortgage Licensing Exam With your education complete, you need to schedule an appointment for the National test with UST content. Find out more on how to take your NMLS test here. 4. Complete Background Checks and Pay All Fees To finalize your application and receive your license, you’ll need to pay several non-refundable fees and get a background check. Find out more about how to complete your background check and fingerprints here. 5. Apply for your Ohio Mortgage License After receiving a passing score on your NMLS mortgage exam, you need to apply for your NMLS license. You can learn more about this step here. 6. Associate your NMLS Account with your Employer You won’t be fully licensed in Ohio until you have an employer sponsorship, which lets the government know that an employer is supervising your individual license. Learn how to associate your NMLS account with your employer here