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Who is required to have this license?
All persons who originate a mortgage, offer to originate a mortgage, act as a mortgage loan originator, or offer to act as a mortgage loan originator.
Who does not need this license?
All individuals who meet requirements prescribed in section 12-61-904, Colorado Revised Statutes
Pre-requisites for license applications:
- Prior to submitting an application, a set of fingerprints for a criminal history record check must be submitted to the Colorado Bureau of Investigation (CBI) and the Nationwide Mortgage Licensing System;
- Acquisition of a surety bond as required by § 12-61-907, C.R.S. and in accordance with any rule of the Director that directly or indirectly addresses surety bond requirements;
- Acquisition of the errors and omissions insurance required by § 12-61-903.5, C.R.S. and in accordance with any rule of the Director that directly or indirectly addresses errors and omissions insurance requirements;
- Complete the required pre-licensing education and the required written examination required by the Director
- Completion of the mortgage loan originator application; and
- Payment of the application fee established by the Director to the Division of Real Estate.
- Submission of fingerprints to the Nationwide Mortgage Licensing System and Registry according to policies and procedures defined by the Nationwide Mortgage Licensing System and Registry.
- Authorization for a Credit check
- Complete the Online filing with the Nationwide Mortgage Licensing System
For more information about the actual course please visit Mortgage Education Course FAQ’s.
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agentcampus.com offers these Colorado mortgage education courses in conjunction with MortgageEducation.com. All the mortgage education courses are NMLS-approved and will satisfy all the required education hours for your state. Should you have any questions please feel free to contact MortgageEducation.com.
MortgageEducation.com NMLS Provider No. 1400051
Address: 555 West 23rd Street, N10E New York, NY 10011
Customer Support: (404) 496-4177
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