NMLS License Minnesota: Get Your Minnesota Mortgage Loan Originator License in 2026!

Minnesota Pre-Licensing Education

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20 HOUR SAFE COURSE

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How to Get Your MLO Mortgage License in Minnesota

Step 1

Apply for Your NMLS Account and ID Number

To begin the process of receiving your Minnesota mortgage license, you’ll need to apply for an NMLS account and ID number on the NMLS website.

Step 2

Complete Your NMLS Pre-License Education

Next, all newly-licensed MLOs need to complete 20 hours of NMLS-approved education, consisting of 8 instruction hours and 12 hours of electives specific to the state.

Step 3

Pass the NMLS Mortgage Licensing Exam

When your hours are complete, it’s time to take the National Test Component exam. Schedule an appointment online before you take the exam. See our complete guide for details.

Step 4

Complete Background Checks and Pay All Fees

If you receive a passing score, you’ll be able to apply for your NMLS license. This requires a background check and fingerprinting. You’ll also have to pay some fees.

Step 5

Apply for Your Minnesota Mortgage License

Just having your NMLS license isn’t enough. Once you get it, you’ll also need to apply for the state-specific Minnesota NMLS license. Check out this page to get detailed instructions.

Step 6

Associate Your NMLS Account with Your Employer

In the state of Minnesota, you must have employer sponsorship and supervision for the government to remove the pending status from your license. Learn how to associate your NMLS account with your employer here.

Get Your Mortgage License in Minnesota

Becoming a mortgage loan officer can be life-changing. It opens up career possibilities you may not have had before. The requirements to get a Minnesota Mortgage license include some hard hours of study, but you don’t have to have a college degree as a prerequisite, making it more accessible for people from all walks of life.

Whether you’re just starting or you’re looking for a career change, getting your MLO license could be a great choice for you. Your work will be satisfying as you help families secure loans for their dream homes. You’ll likely have flexible hours and opportunities to earn a significant income as well.

Minnesota Frequently Asked Questions

Minnesota Mortgage License Education Requirements

Topic	Hours Required
Fair Lending, Ethics, Fraud, and Consumer Protection	3 Hours
Federal Laws and Regulations	3 Hours
Non-Standard Lending	2 Hours
Undefined Electives	12 Hours
Total 20 Hours

What is the PE Expiration Policy in Minnesota?

What's the Difference Between an Minnesota Mortgage Broker License and an Minnesota Loan Officer License?

NMLS Fees
NMLS Initial Processing Fee	$30
NMLS Registration Processing Fee	$30 (January - June) $60 (July - December)
Credit Report	$15
FBI Criminal Background Check	$36.25
State Licensing & Registration Fee	$190
Total License Cost	$301.25

Minnesota Continuing Education Requirements

Topic	Required Hours
Federal Regulations and Law	3 Hours
Ethics, including consumer protection, fair lending	2 Hours
Non-Traditional mortgage lending	2 Hours
Minnesota Specific Education	1 Hour

Additional Questions?

Become a Minnesota MLO

Start your MLO journey today by purchasing Mortgage Educator’s SAFE-compliant bundle course. This comprehensive course will teach you everything you need to know about becoming an MLO in Minnesota and jumpstart your path to a new career.