New Hampshire MLO License

Mortgage Loan Originator requirements for New Hampshire

22 hrs

Pre-License Hours

$326

Total Fees

6-12 wks

Timeline

8 hrs

CE Annually

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

Pre-Licensing Education

Complete 22 hours of NMLS-approved pre-licensing education. including 2 hours of New Hampshire-specific content. This exceeds the federal minimum of 20 hours.

Required Courses (22 hours total):

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

Education must be completed through an NMLS-approved provider.

SAFE MLO Exam

National Component

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

State Component

New Hampshire adopted UST (Uniform State Test) component included in national exam

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

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.

Company Sponsorship

Must be sponsored by a New Hampshire-licensed mortgage company

No individual may act as an originator for more than one mortgage banker, broker or servicer. Branch managers must also be licensed as loan originators.