EDUCATION RESOURCES
The CE Shop-The CE Shop is an MMBBA Education service provider that provides online courses for all NMLS-approved education.
Enroll today: https://mmbba.theceshop.com/mortgage
This. Use code MMBBA25 to receive 25% off at any Pre-Licensure, Exam Prep and Continuing Education courses. This is exclusive to MMBBA members.
My My Mortgage Trainer- We will be hosting a live virtual Continuing Education class with My Mortgage Trainer on August 17th. Register here: https://www.mmbba.org/events/EventDetails.aspx?id=1588566&group=
MARYLAND REQUIREMENTS
Frequently Asked Questions (FAQs)
- New Applicants - ALL new license applicants MUST initiate applications through the NMLS. Proceed to NMLS.
Please note new license requests must be submitted through the NMLS, but supporting documentation must be sent to the Maryland Office of the Commissioner of Financial Regulation. - Renewing Licensees - You must renew your license on the NMLS during the renewal period – November 1st through December 31st. Proceed to NMLS. Please note renewal requests must be submitted through the NMLS, but supporting documentation must be sent to the Maryland Office of the Commissioner of Financial Regulation.
- For additional information, click here
Regulated By: | Maryland Commissioner of Financial Regulation |
Address: | Office of the Commissioner of Financial Regulation
500 North Calvert Street, Suite 402
Baltimore, Maryland 21202 |
Phone/Fax Numbers: | (410) 230-6100, (888) 784-0136/ 410-333-0475 |
Website Address: | http://www.dllr.state.md.us/finance/ |
Please Note: The contents contained on this web page are for informational purposes only. State requirements often change. Please visit your state web site for the most up-to-date information. This information should not be interpreted as legal advice.
AFFILIATED INSURANCE PRODUCER-MORTGAGE LOAN ORIGINATORS
Application Type: | License |
Application Fee: | $782.25 (includes initial license fee, investigation fee, and NMLS processing fee) |
Initial Education
and/or Experience: | 20 Hours NMLS Approved Pre-Licensing Education (Including 5 hrs. MD Specific Content) and Sponsorship by a Licensed MD Entity |
Testing: | A Score of 75% on National and MD Test Components |
CE Requirement: | 8 Hours NMLS Approved CE, Annually (Including 1 hr. MD Specific Content) |
CE Deadline: | December 31st |
Surety Bond: | $50,000 - $150,000orCovered by Employer's Blanket Surety Bond of $1 Million |
Finger Prints /
Criminal Background: | Yes/Yes |
Net Worth: | N/A |
Credit Report: | Yes |
Renewals: | December 31st |
MORTGAGE LOAN ORIGINATORS
Application Type: | License |
Application Fee: | $409 (includes licensing fee, NMLS processing fee, and investigation fee) |
Initial Education
and/or Experience: | 20 Hours NMLS Approved Pre-Licensing Education (Including 5 hrs. MD Specific Content) and Sponsorship by a Licensed MD Entity |
Testing: | A Score of 75% on National and MD Test Components |
CE Requirement: | 8 Hours NMLS Approved CE, Annually (Including 1 hr. MD Specific Content) |
CE Deadline: | December 31st |
Surety Bond: | Covered by Employer's Surety Bond |
Finger Prints /
Criminal Background: | Yes/Yes |
Net Worth: | N/A |
Credit Report: | Yes |
Renewals: | December 31st |
