The student will complete a series of online Learning Modules, Activities, and Quizzes during a set period of time. The course must be completed in the scheduled time frame. A desktop or laptop computer is required for this course. The use of mobile devices, such as tablets or cell phones, is not permitted by the NMLS.
Pre-Licensure Education Requirements
New state-licensed MLOs are required to complete 24 hours of NMLS-approved education. This education must include 3 hours of Federal law, 3 hours of ethics (which shall include fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, 12 hours of undefined education (referred to as electives) + 4 hours of NC law.
Number of hours is 3/3/2/12/+ 4hrs of NC law = 24
North Carolina has a requirement for 4 hours of instruction on state-specific law which may be satisfied by either taking a NC comprehensive course or a state-specific elective course.
Note: PE must be completed within 3 years of a new or subsequent license application.