California Loan Officer License Requirements for 2026
Updated February 2026
Overview
California loan officers must be licensed through the NMLS and meet both federal SAFE Act requirements and California-specific requirements through the DFPI. California is one of the largest mortgage markets in the US.
Requirements
| Requirement | Details |
|---|---|
| Pre-Licensing Education | 20 hours NMLS-approved pre-licensing education |
| Exam Requirements | SAFE MLO Test with 75% passing score |
| Background Check | FBI criminal background check + credit report |
| Net Worth Requirement | Not typically required for individual MLOs |
| Surety Bond | Not typically required for individual MLOs |
| Experience | No experience required in most states |
Estimated Costs
| Cost Item | Amount |
|---|---|
| State Application Fee | $100-400 |
| NMLS Fee | $100 (initial) + $100 (annual renewal) |
| Background Check | $36.25 (FBI) + $15 (credit report) |
| Pre-Licensing Education | $200-500 for 20-hour course |
| Surety Bond | N/A for individual MLOs |
| Total Estimated Cost | $500-1,200 |
Free California MLO License Checklist
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Mortgage Calculator
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Steps to Get Licensed
- 1Complete 20 hours of NMLS-approved pre-licensing education (3 hrs federal law, 3 hrs ethics, 2 hrs non-traditional, 12 hrs electives)
- 2Register on the NMLS and create your account
- 3Schedule and pass the SAFE MLO Test (national + state component) with 75% score
- 4Submit to FBI criminal background check and credit report through NMLS
- 5Submit your California state license application through NMLS
- 6Obtain sponsorship from a licensed mortgage company
- 7Receive your license and begin originating loans
Renewal Information
California MLO licenses must be renewed annually through the NMLS. Renewal requires 8 hours of NMLS-approved continuing education (3 hrs federal law, 2 hrs ethics, 2 hrs non-traditional, 1 hr elective) and payment of renewal fees.
NMLS Resource: Visit NMLS Website