Wyoming MLO License
Mortgage Loan Originator requirements for Wyoming
NMLS Required: All Wyoming MLO applications must be submitted through the Nationwide Multistate Licensing System (NMLS).
Pre-Licensing Education
Complete 20 hours of NMLS-approved pre-licensing education (federal SAFE Act minimum).
Required Courses (20 hours total):
- • 3 hours federal law and regulations
- • 3 hours ethics (fraud, consumer protection, fair lending)
- • 2 hours nontraditional mortgage products
- • 12 hours electives
Federal minimum only
SAFE MLO Exam
National Component
115 scored questions + 5 unscored (3 hours 10 minutes)
State Component
No separate state exam required
Passing Score
75% on national component
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 Wyoming-licensed mortgage company
Sponsorship request must be submitted by your employer. Wyoming will review and accept or reject the sponsorship request.
Fee Breakdown
| NMLS Processing Fee | $30 |
| State License Fee | $120 |
| Examination Fee | $110 |
| Background Check | $36 |
| Credit Report | $15 |
| Total Fees | $311 |
Total approximately $510.25 including all fees. Does not include pre-licensing education costs ($200-$400).
Annual Renewal
Renewal Period
November 1 - December 31 annually
Renewal Fee
$120
CE Required
8 hours annually
Online Renewal
Yes (via NMLS)
8 hours annually. Cannot renew until CE is completed. Must be NMLS-approved.