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 OH OMBA law.
Number of hours is 3/3/2/12/+ 4hrs of OH law = 24
Ohio has a requirement for 4 hours of instruction on state-specific law which may be satisfied by either taking an OH comprehensive course or a state-specific elective course.
Note: Only applicants under OMBA must take the additional 4hrs of education. OMLA applicants only require 20 hours.