Are we required to take Continuing Education?

Every Michigan licensed MLO is required to complete at least 8 hours of NMLS approved continuing education annually.
(Exception: MLOs who complete pre-licensure education are not required to take continuing education that year.)

Courses are scheduled through NMLS and must include:

• 3 hours of federal law and regulations
• 2 hours of ethics that include fraud, consumer protection, and fair lending issues
• 2 hours of non-traditional mortgage lending
• 1 hour of undefined instruction on mortgage origination