Mortgage/ Pre-Licensing/ Texas/ 3 Hour TX-SML SAFE: State Pre-licensing Course

3 Hour TX-SML SAFE: State Pre-licensing Course

$105

This product includes:

Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3

Description

State Requirements

An individual seeking a mortgage loan originator (MLO) license through the Texas Department of Savings and Mortgage Lending (TX-SML) is required to complete 23 hours of NMLS-approved education. Of this requirement, three hours of STATE-specific law must be completed. This online self-study course satisfies the three hours of required state-specific education.

Within this course, students will spend time reviewing state regulations and acts impacting MLO activities; perusing scenarios, examples, and case studies; and completing activities to demonstrate understanding of the content.

Package Content:

State Requirements For Texas

Texas SML Requirement Details for Mortgage Pre-Licensing Education

Hours Required by the State: 23

3 hours of federal law

3 hours of ethics
2 hours of non-traditional mortgage lending

12 hours of electives
3 hours of Texas SML law

Seat Time: Seat time will be enforced and our online course delivery system manages this requirement

NMLS ID Registration: The NMLS system is used to process MLO licensing requests for all 50 states. A unique NMLS ID is required to report all course completions. Creating an account and obtaining an ID number is a simple process that can be completed here.

Licensing Exam: The licensing exam is administered by NMLS. Registration for the licensing exam is an entirely separate process from your course final exam. For instructions to register for your licensing exam and further information, please click here.

Provider Approval # 1405076

The CE Shop's Offering: 23 hours

Final Exams: Final exams must be passed with a minimum score of 70% and may be taken a maximum of 3 times.

Course Completion Reporting: Mortgage course completions are reported to the Nationwide Multistate Licensing System. A unique NMLS ID is required to report course completions. The CE Shop will report your course within 7 calendar days.

Expiration Date of course: National Pre-Licensing courses have a specified start and end date and are instructor-led. Students must select their course start date within 90 days of purchase. Once the start date has been selected students will have that day plus an additional 12 full calendar days to complete their course.

State-specific Pre-Licensing courses, where required, must be completed within 90 days from the date of purchase. Verify state requirements here.

Texas SML Contact Details for Mortgage Pre-Licensing Education

Texas Department of Savings and Mortgage Lending - Division of Licensing
Phone: 512-475-1350
Email: nmls@sml.texas.gov
Website: Texas Department of Savings and Mortgage Lending

NMLS Resources for Mortgage Pre-Licensing Education

Texas MLO License Description Page

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