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 20 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, plus 10 hours of undefined education (referred to as electives) + 2 hours of CO law.
Number of hours is 3/3/2/10/+ 2hrs of CO law = 20
Effective 03/01/2016 CO requires 2 hours of instruction on CO law which may be satisfied by either taking a CO comprehensive course or a state-specific elective course