Mississippi Loan Officer License Requirements for 2026
Updated February 2026
Overview
To become a licensed mortgage loan originator (MLO) in Mississippi, you must complete pre-licensing education, pass the SAFE MLO exam, submit to background checks, and register through the NMLS. This guide walks you through every step to get your Mississippi loan officer license.
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 Mississippi MLO License Checklist
Get a step-by-step study plan, exam prep resources, and timeline to get licensed.
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 Mississippi state license application through NMLS
- 6Obtain sponsorship from a licensed mortgage company
- 7Receive your license and begin originating loans
Renewal Information
Mississippi 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