Regulatory Agency:

Department of Licensing/Regulation
Commissioner of Consumer Credit
Financial Regulations
501 St. Paul Place, 13th Floor
Baltimore, MD 21202-2272
Ph: 410.333.6330

Pre-license Requirements

In general, applicants must have a least 3 years of experience in the mortgage lending 
business and have completed any required courses for continuing education or 
have completed 40 hours of classroom education and passa written examination.

Approved Courses:

• MD 40-hour Pre-license Course
   Class Offered: Live

 Continuing Education Requirements
 
Mortgage Lender Key License Requirements:
("Covered" Employees)
20 hours of approved education each renewal period
Ethics - 2 hours
Real Estate Settlement Procedures Act (RESPA) compliance - 2 hours
Federal Truth-In-Lending compliance - 2 hours
Federal Equal Credit Opportunity Act (ECOA) / Fair Lending compliance - 2 hours
Maryland law update - 2 hours
Federal law update - 2 hours
Electives - 8 hours
 
(10+ years "covered" employees)
Ethics - 2 hours
Maryland law update - 2 hours
Federal law update - 2 hours

Approved Courses
 
• Loan Officer Boot Camp - 11.5 Hours 
   Class Offered: Live, Online, Self Study or Live Online 

• Basic Processing Training - 14 Hours
   Class Offered: Live, Online, Self Study or Live Online 

• Advanced Processor Workshop - 9 Hours
   Class Offered: Live, Online, Self Study or Live Online 

• Maryland Loan Officer / Processor Continuing Education - 20 Hours
   Class Offered: Online

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.