PE: 2-Hour Colorado

NMLS Course Number: 11218

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
• 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

CO has a requirement for 2 hours of instruction on state-specific laws which may be satisfied by either taking a CO comprehensive course or a state-specific elective course.