What is the Continuing education requirement for a mortgage loan officer registrant?

• At least 24 hours of live classroom instruction in Michigan by an instructor approved by the Commissioner.
• Introductory course is in residential mortgage lending.
• At least 3 hours of the live classroom instruction concerns State and Federal laws and regulations governing residential mortgage lending, which content is approved by the Commissioner.

• Exception: There is no pre-registration education requirement for an individual that has been a loan officer for 4½ of the previous 5 years.

• At least 6 hours of instruction in a course or courses relevant to the mortgage lending industry.
• Of the 6 hours of instruction, at least 1.5 hours related to legal and regulatory compliance, and at least 1 hour related to ethics and fraud prevention.
• May be conducted by a live instructor or may be conducted by electronic means (the internet, digital broadcast, or satellite network).  Course completion by a loan officer registrant must be confirmed if it is conducted by electronic means.
• Course must be provided by a person approved by the Commissioner.

If I am an education or examination testing provider, how do I apply to provide these services for mortgage loan officer applicants and registrants, and who do I contact?

If I am a fingerprint provider, how do I apply to provide these services for mortgage loan officer applicants and registrants, and who do I contact?