NEBRASKA
Get an understanding of mortgage lending and insurance state licensing and continuing education requirements.
Nebraska Mortgage License
Requirements
Learn about the Nebraska mortgage education requirements for mortgage licensing. In the state of Nebraska, mortgage loan originators are required to:
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Complete a Criminal Background Check (CBC).
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Authorize a credit report through the NMLS.
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Fulfill all state and federal education requirements as designated by your state agency.
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Take and pass the National Component.
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Sponsorship by a Nebraska Licensed or Registered Company.
Nebraska NMLS Pre-Licensing Education Requirements:
New state-licensed MLOs are required to complete 22 hours of NMLS-approved education. This includes:
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3 hours of federal law
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3 hours of ethics
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2 hours of non-traditional mortgage lending
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12 hours of electives
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2 hours of Nebraska state-specific education
Nebraska Continuing Education Requirements:
State-licensed MLOs are required to complete 8 hours of NMLS-approved mortgage education annually beginning the year they are licensed (unless PE was completed in the same year). This includes:
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3 hours of federal law
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2 hours of ethics
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2 hours of non-traditional mortgage lending
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1 hour of electives
MLOs are advised that to comply with the SAFE Act’s “successive years” rule, they may not take the same CE course two years in a row.
Nebraska Mortgage Licensing:
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Nebraska Department of Banking and Finance
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Phone: 402-471-2171
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Email: dob.mortgage@nebraska.gov
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Website: www.ndbf.ne.gov
NMLS Resources:
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Professional Standards: Mortgage Education
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Professional Standards: Criminal Background Check
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Professional Standards: Credit Report
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Professional Standards: MLO Testing