PE: 5-Hour Maryland

NMLS Course Number: 11195

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
• 7 hours of undefined education (referred to as electives)
• 5 hours of MD law.

Number of hours is 3/3/2/7/+ 5hrs of MD law = 20

Maryland has a requirement for 5 hours of instruction on state-specific law which may be satisfied by either taking a MD comprehensive course or a state-specific elective course.