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Effective January 1, 2010 all new mortgage loan originator applicants must complete the 20 hours of NMLS approved licensing education and pass the two-part exam prior to applying for a mortgage loan originator license.
All mortgage loan originators who currently maintain a Colorado mortgage loan originator's license and who have completed the State required testing prior to 12/31/2009 must complete the the SAFE National component by 07/31/2010
Total: 20 hours
Course objective: To protect the public by providing a course of study for mortgage loan originator candidates that will enhance their knowledge and awareness of current and relevant state and federal statutes, regulations, and forms as they pertain to the mortgage broker industry.