Mississippi SAFE / Mortgage Licensing
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About Mississippi Mortgage Licensing
The Mortgage Training Center offers Mississippi loan officer classes and Mississippi mortgage sales training products and services, including in-person, self-study, and online mortgage broker training!
Mississippi Licensing RequirementsThe SAFE Act requires that state-licensed Mortgage Loan Originators (MLOs) pass a written qualified test with a score of 75% or better, complete at least 20 hours of pre-licensing education courses, and take eight hours of annual continuing education courses.
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Mississippi Mortgage Licensing Requirements
The SAFE Act requires states to establish minimum rules and standards for the licensing and registration of mortgage loan originators. This allows easy access to a Loan Officer and Mortgage Broker's credentials and allows the public to know what kind of mortgage history these providers have.
Essentially, the SAFE Act requires that state-licensed Mortgage Loan Originators (MLOs) pass a written qualified test with a score of 75% or better, complete at least 20 hours of pre-licensing education courses, and take eight hours of annual continuing education courses.
For further details on Mississippi Mortgage Broker Licensing requirements, go to:
Mississippi Department of Banking and Consumer Finance
Attn: Mortgage Division
501 N West Street
901A Woolfolk Building
Jackson, MS 39201
601-321-6901
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.