Steps for Initial Licensure
Mortgage loan originator (MLO) licenses are issued on an annual calendar cycle, expiring on December 31st each year.
Step 2: NMLS Registration
Step 3: NMLS National Background Check
- This in addition to submitting fingerprints to the Colorado Bureau of Investigations outlined in Step 1.
Step 4: Complete Qualifying Education
Step 5: Take the SAFE MLO Exam
- (Step 2 must be completed before you can complete the online application. Step 2 can take 24-48 hours to process once the NMLS registration is completed.)
Step 8: NMLS Update
- Call the Division to update your NMLS online record with your NEW Colorado issued license number once your MLO license has been approved.
- Your NMLS record will be approved once this has been completed.