RE Guide
MS

Mississippi MLO License

Mortgage Loan Originator requirements for Mississippi

24 hrs
Pre-License Hours
$397
Total Fees
8-16 wks
Timeline
12 hrs
CE Annually

NMLS Required: All Mississippi MLO applications must be submitted through the Nationwide Multistate Licensing System (NMLS).

1

Pre-Licensing Education

Complete 24 hours of NMLS-approved pre-licensing education. including 4 hours of Mississippi-specific content. This exceeds the federal minimum of 20 hours.

Required Courses (24 hours total):

  • • 3 hours federal law and regulations
  • • 3 hours ethics (fraud, consumer protection, fair lending)
  • • 2 hours nontraditional mortgage products
  • • 12 hours electives
  • • 4 hours Mississippi-specific content

Highest CE in Southeast

2

SAFE MLO Exam

National Component

115 scored questions + 5 unscored (3 hours 10 minutes)

State Component

Mississippi UST: 25 questions (included in national test)

Passing Score

75% on both national and state components

Exam Fee

$110

Retake Policy: 30-day wait after 1st/2nd failure; 180-day wait after 3rd failure

3

Background & Credit Check

Criminal Background

FBI criminal background check via fingerprinting

Credit Report

Required

Background Check Cost

$36

Credit Report Cost

$15

Credit report pulled by NMLS. Must demonstrate financial responsibility.

4

Company Sponsorship

Must be sponsored by a Mississippi-licensed mortgage company

Your sponsor must file a sponsorship request through NMLS. MS will review and accept or reject the request.

Fee Breakdown

NMLS Processing Fee $35
State License Fee $201
Examination Fee $110
Background Check $36
Credit Report $15
Total Fees $397

Does not include pre-licensing education costs ($200-$500). Sponsoring company may cover some fees.

Annual Renewal

Renewal Period

November 1 - December 31 annually

Renewal Fee

$201

CE Required

12 hours annually

Online Renewal

Yes (via NMLS)

12 hours annually: 3 hrs federal law, 2 hrs ethics, 2 hrs nontraditional lending, 5 hrs elective. Must be NMLS-approved.

Mississippi Department of Banking and Consumer Finance

Apply via NMLS

All MLO applications are submitted through the NMLS portal.

Go to NMLS

Helpful Tools

Last verified: 2026-01-12

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