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Tennessee Department of Financial Institutions sets the guidelines for loan origination licensing; click here for more info. Tennessee NOW requires loan originators to obtain a license through the Nationwide Mortgage Licensing System and Registry. The education required may be completed entirely over the internet for a loan originator license. click to Become A Loan Officer Mortgage Loan Originator licensing requirements 1. 20 hours NMLS approved education. Getting started is EASY as A… B… C… A. We have partnered with ProSchools, one of the biggest NMLS-approved providers (#1400010). You will need: ✦ A preferred user name/password to access your online course✦ Credit card information✦ Your legal name✦ Your address✦ Phone numberB . Enroll online! Prior to starting course, ProSchools’ orientation will cover:✦ NMLS renewal requirements✦ Steps to proceed through your coursework✦ Completion requirements✦ NMLS licensing informationC . Important reminders:✦ Continuing education only counts for the year in which it is taken✦ ProSchools transmits your completion record to NMLS within 7 days of finishing your course✦ NMLS charges $1.50 per credit hour to bank your hours✦ ProSchools needs your "unique identifier" to bank your credit hours with NMLS.2. Pass state exam 3. Be sponsored (hired) by a register Tennessee company 4. Submit application and fees to Tennessee Dept of Financial Institutions 5. Renewal requires 8 hours continuing education each year (Click here for 8 hours ce)
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Become A Loan Officer 