California SAFE / Mortgage Broker License

California Mortgage Broker Licensing: How To Earn Mortgage Broker License In California

Looking to become a California Mortgage Broker or Loan Officer to serve Los Angeles, San Diego, San Jose, San Francisco, Fresno, Sacramento, Long Beach, Oakland, Bakersfield, Anaheim, Santa Ana, Riverside, Stockton, Chula Vista, Irvine, Fremont, San Bernardino, Modesto, Santa Clarita, and other cities in California ? Then you've come to the right place!

The Mortgage Training Center offers a variety of Tennessee mortgage licensing and training courses to help you earn your California mortgage license or California continuing education credits.

What Do Mortgage Brokers In California Do?

Mortgage Brokers in California are licensed professionals that act as middlemen between lenders and purchasers. The broker works to find a mortgage lender with terms and rates that best fit the customer's needs, then goes through the process of working with the mortgage underwriter to get the loan approved.

What Is The Difference Between A Mortgage Broker And A Mortgage Loan Officer?

Basically, the Mortgage Broker is the business owner and the Mortgage Loan Officer is an employee of the Mortgage Broker. In some instances, like a single-person shop, the Mortgage Broker does the work of the Loan Officer. Bottom line, the Mortgage Broker is responsible for the work output and complying with applicable laws.

What Does A Mortgage Loan Officer Do?

A Mortgage Loan Officer starts the mortgage application process by gathering from potential borrowers the information needed to start that borrower's loan review process. This includes things like W2s, 1099s, bank statements, tax returns, etc.

They are responsible for working with the borrower to complete mortgage loan application, submitting the application to underwriting, following up on any additional information needed or requested from the underwriter, then communicating the loan decision to the potential borrower.

How Do Mortgage Brokers Make Money?

Mortgage brokers make money by dealing with lenders who discount the cost of their mortgage product to allow a mortgage broker the ability to charge a fee by submission of a loan package for funding. This relationship between a mortgage broker and a lender is called wholesale lending.

About The Mortgage Broker Licensing Requirements In California

How To Become A Mortgage Broker In California

Mortgage Loan Officers need to be licensed by the state in which they do business, which means they must complete the pre-licensing education requirements, pass the state and national SAFE / NMLS exam, then take eight hours of annual continuing education courses to maintain their license. Check below for applicable mortgage licensing options, as well as recommended courses to help you succeed once you get licensed.

To Comply With Common Mortgage Regulations

The federal government regulates the mortgage industry through a series of acts passed by Congress. These include:
  • Regulation Z / TILA
    The federal Truth-In-Lending Act (TILA) requires that lenders disclose the terms of a mortgage in writing. TILA is designed to protect consumers by ensuring clear disclosure of the key terms of the loan, as well as any costs or fees involved.
    UDAAP is an acronym referring to unfair, deceptive, or abusive acts or practices by those who offer financial products or services to consumers. Under the Dodd-Frank Act, it is unlawful for any provider of consumer financial products or services or a service provider to engage in any unfair, deceptive, or abusive act or practice.
To Close The Loan
  • Appraisal Review Workshop
    By taking this course, you will learn the details on what the industry looks for in these reviews to prevent fraudulent appraisal practices, plus gain the details and a complete understanding of the Sales Comparison Approach, Income Approach, and Cost Approach
  • Loan Officer Boot Camp
  • Personal And Business Tax Return Analysis
    Learn to interpret tax returns for both commercial and consumer lending purposes.
  • Loan Officer Boot Camp
    Our "Loan Officer Boot Camp" training program provides excellent training for new and experienced Loan Officers - and even includes sales pitches and advanced calculations!
How To Earn Your NMLS Mortgage License In California

You earn your California mortgage license by:
  • Applying for an NMLS account and ID number
  • Completing your pre-licensing course requirements
  • Passing the SAFE licensing exam
  • Applying for your license with the NMLS
Get started by selecting a mortgage pre-licensing course from the list below.

How To Earn Your NMLS License In California: Recommended California Mortgage Broker And NMLS License Courses

Mortgage Brokers in California are governed by SAFE Act rules for licensing and registration of mortgage loan originators.

The Mortgage Training Center offers both online and in-person NMLS licensing and NMLS training courses in California. Simply choose your preferred option from the recommended courses listed on this page, or you can choose "NMLS" and your resident state from the "Licensing" section of the search box herein. Good luck earning your California mortgage broker license!
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How To Earn Your NMLS License In California: California Mortgage Broker License Requirements

The California Department of Business Oversight licenses the following:
  • Residential Mortgage Lending Act LicenseNMLS SAFE Training
  • Residential Mortgage Lending Act License (Branch)
  • Finance Lenders Law License
  • Finance Lenders Law License (Branch)
  • Mortgage Loan Originator License
  • Money Transmitter License
  • Student Loan Servicing License
  • Property Assessed Clean Energy (PACE) Program Administrator License
  • Property Assessed Clean Energy (PACE) Program Administrator License (Branch)
Applicants who wish to obtain an NMLS Mortgage Broker License in California must often provide either a Surety Bond, Irrevocable Letter of Credit, audited financial statements reflecting a minimum net worth, a ten-year history of their business and employment activities, as well as a personal disclosure of any negative financial facts or criminal activity.

For more information on how to become a Loan Officer in California, or for details on these and other California Mortgage Broker licensing requirements, go to or contact:

California Department of Real Estate
2201 Broadway
Sacramento, CA 95818-2500
Phone (866) 275-2677

Good luck earning your Mortgage Broker license in California!

Disclaimer: This information provided is based on state laws and regulations, and is subject to change. While we make every effort to asure this information is current and accurate, it is not engaged in rendering legal or professional advice, and shall not be held responsible for inaccuracies contained herein. 5755 North Point Parkway, Suite 227 | Alpharetta, GA 30022 | 770-410-1219 |
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