Michigan Mortgage Loan Officer Requirements

To All Mortgage Brokers, Lenders, Servicer Licensees, Registrants and Loan Officers

  • As a reminder, registration as a loan officer in Michigan requires the following:

    • Complete 24 hour pre-licensing course

    • Individual has taken and passed Michigan Loan Officer exam with a score of 75%

    • Individual has submitted complete, signed loan officer registration application (Form MU4) to Nationwide Mortgage Licensing System (NMLS), and Michigan-Specific Supplement to Form MU4 (FIS 2080). Pay the required Michigan loan officer registration fee ($350). The fee must be submitted online following completion of the MU4 form and prior to submission of the MU4 form. Pay the required NMLS fees

    • Fingerprints are required to be taken for a criminal history check. The results of the criminal history check are to be returned to and retained by the individual's employer or sponsor

      • Contents of 24 Hour Mortgage Loan Officer Pre-Licensing Course Federal Lending Laws/Regulations

      • Ethics in Mortgage

      • Program Types

      • Review Applications and Documents