If you obtained your license this year (and assuming you completed the required pre-license education), you don't need to complete any additional mortgage education this year. Generally, if you obtained your license after 2009 but before this year, the above NMLS CE requirements apply to you. How Do I Know If I'm Required To Take My CE This Year Or Not? While the NMLS oversees the general CE requirements and helps with recordkeeping of your completed hours, it's important to know any Nevada specific requirements that may apply to you.
Qualified Employee (QE) for each office is required to take 1 hour of Nevada Law in lieu of the elective.1 hour elective on mortgage origination.2 hours on lending standards for nontraditional mortgage products.2 hours of ethics training (including training on consumer protection, fair lending issues, and fraud).3 hours on relevant federal regulations and law.Your Nevada NMLS training needs to cover specific topics and you need to take your mortgage education with an NMLS-approved provider.įor Annual CE, Nevada NMLS licensed MLOs are required to complete: You can't take just any NMLS course to reach those 8 hours, either. This legislation requires that all state-licensed MLOs take 7 hours of approved NMLS CE, in addition to Nevada specific course requirements. No matter which state issued your MLO license, you're subject to specific mortgage education requirements because of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act). MLO Continuing Education Requirements for Nevada
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