4 hour OR SAFE: State Pre-licensing Course
An individual seeking a mortgage loan originator (MLO) license in Oregon is required to complete 20 hours of NMLS-approved education. Of this requirement, four hours of OR- specific law must be completed. This online self-study course satisfies the four hours of required state-specific education.
Within this course, students will spend time reviewing state regulations and acts impacting MLO activities; perusing scenarios, examples, and case studies; and completing activities to demonstrate understanding of the content.
State Requirements For Oregon
Oregon Requirement Details for Mortgage Pre-Licensing Education
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3 hours of federal law
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3 hours of ethics
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2 hours of non-traditional mortgage lending
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8 hours of electives
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4 hours of Oregon law
Seat Time Seat time will be enforced and our online course delivery system manages this requirement
NMLS ID Registration: The NMLS system is used to process MLO licensing requests for all 50 states. A unique NMLS ID is required to report all course completions. Creating an account and obtaining an ID number is a simple process that can be completed here.
Licensing Exam: The licensing exam is administered by NMLS. Registration for the licensing exam is an entirely separate process from your course final exam. For instructions to register for your licensing exam and further information, please click here.
Oregon Contact Details for Mortgage Pre-Licensing Education
Oregon Division of Financial Regulation
Phone: 503-378-4140
Email: NMLS.Licensing@oregon.gov
Website: Oregon Division of Financial Regulation
Professional Standards: Mortgage Education
Professional Standards: Criminal Background Check
Professional Standards: Credit Report
Professional Standards: MLO Testing