Texas Loan Originator Education FAQ

Find the Answers to Your Loan Originator Education Questions!

We are here to help! Here is a list of the most frequently asked questions about Texas Loan Originator education. If your questions are not listed below, or if you need additional help, please contact us!

PE Questions

Answers to common questions related to Loan Originator Pre-Licensing Education.

CE Questions

Answers to common questions related to Loan Originator Continuing Education.

Loan Originator Pre-Licensing Education (PE) Questions

The following questions pertain to Loan Originatro Pre-Licensing Education (PE) and are commonly asked by people who want to earn a Loan Originator license in Texas.

What are the Texas Requirements for Loan Originator?

You must complete the 20-Hour National component as well as the 3-Hour Texas component.

I am a licensed Loan Originator in another state. Do I have to take the 20-Hour National class?

No. If you are an active, licensed Loan Originator in another state, you will just need to complete the Texas 3-Hour TX-SML SAFE: Texas Law and Practice class before taking the state exam.

What is the application fee?

For Fiscal Year 2020 (September 1, 2019 – August 31, 2020) the Texas Department of Savings and Mortgage Lending Fee Schedule:

  • Initial Mortgage Loan Originator License (MU4) - $150
  • Recovery Fund: $10
  • NMLS Processing Fee: $30
  • Criminal Background Check: $36.25
  • Sponsorship fee: $25
  • Credit Report Request: $15

What is the exam fee?

The Prometric exam fee is $110.00

I signed up for the online Loan Originator classes. Is there a time limit?

Yes. When you registered online, you selected a time frame. Your courses will need to be completed within that time frame window.

Most Popular Loan Originator License Programs
Choose a Program to Enroll

To purchase a package, choose your preferred delivery method from the appropriate dropdown below. To mix-and-match multiple delivery methods, you can choose the Champions Advantage option.

RMLO Texas License <br />Program Icon
RMLO Texas License
Program
$485 Save $30
This Package Includes:
  • 20-Hour SAFE Comprehensive
  • 3-Hour TX-SML SAFE: Texas Law and Practice
  • National Exam Prep Course
  • 23 NMLS Credit Hours
  • FREE Prep Retakes for 1 Year
  • FREE Books or PDFs
Get Started Today
Choose a Delivery Method
RMLO Texas License Essential Skills Program Icon
RMLO Texas License Essential Skills Program
$629 Save $65
This Package Includes:
  • 20-Hour SAFE Comprehensive
  • 3-Hour TX-SML SAFE: Texas Law and Practice
  • National Exam Prep Course
  • Essential Mortgage Skills
  • How to Market Yourself
  • 23 NMLS Credit Hours
  • FREE Prep Retakes for 1 Year
  • FREE Books or PDFs
Get Started Today
Choose a Delivery Method
RMLO Texas License Career Success Program Icon
RMLO Texas License Career Success Program
$719 Save $120
This Package Includes:
  • 20-Hour SAFE Comprehensive
  • 3-Hour TX-SML SAFE: Texas Law and Practice
  • National Exam Prep Course
  • Essential Mortgage Skills
  • How to Market Yourself
  • 2-Day Business Etiquette Course
  • 23 NMLS Credit Hours
  • FREE Prep Retakes for 1 Year
  • FREE Books or PDFs
Get Started Today
Choose a Delivery Method

Learn More about our Delivery Method Options

Classroom

Traditional instructor-led classes for students who learn best in a Classroom environment.

Online (Hondros)

A module based, online option that can be completed on any device with an internet connection and a web browser.

Virtual Classroom

For remote students who want to stream the unparalleled Classroom experience to their home or office.

Champions Advantage

Customize a program to fit your needs by utilizing all of our delivery methods and resources.

Loan Originator Continuing Education (CE) Questions

The following questions pertain to Loan Originatro Pre-Licensing Education (PE) and are commonly asked by people who want to earn a Loan Originator license in Texas.

What is the Texas requirement for Loan Continuing Education?

Every state licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually. Champions offers this course for $135.00

When do I need to renew my license?

Your license expires every year on December 31st. The NMLS Annual Renewal Period begins November 1 and ends December 31 each year.

I just earned my license this year. Do I still have to renew this year?

No. If you completed your 20 hours of Pre-Licensing Education (PE) and were licensed this year, you are NOT required to complete 8 hours of Continuing Education (CE) this year. You are NOT required to take Pre-Licensing (PE) and Continuing Education (CE) courses in the same year.

If you became federally compliant for PE between 2009 - 2017 and were licensed between 2009 - 2018, you are required to complete CE in 2019. If you became compliant for PE in 2019 and were approved for an initial license in 2019 you are NOT required to complete CE in 2019.

Where do I go to renew my license?

How much is it to renew my license?

The Texas Department of Savings and Mortgage Lending Renewal Fees for Fiscal Year 2020 (September 1, 2019 – August 31, 2020):

  • Renewing Mortgage Loan Originator License - $60
  • Reinstating Mortgage Loan Originator License - $90 (Applicable if individual license or registration renewal is filed after 12/31 but prior to 3/1)
  • NMLS annual processing fees- Company $100, Branch $20, Individual - $30

Does Champions offer late CE?

Champions typically offers an 8-Hour Loan Late CE option via Learn Mortgage (Hondros), a third-party online education provider. If there is currently a Late CE option available, there will be a separate course listing on our Loan Originator Contuning Education page.

Helpful Links

Steps to a License

Earn your Texas Loan Originator license in 5 simple steps!

Contact a Counselor

Have a question? Reach out to one of our career counselors!

Student Resources

Champions offers everything you need to ensure success!

Loan Originator Class Schedule

Download our current Loan Originator class schedule.

Classroom

Traditional instructor-led classes for students who learn best in a Classroom environment.

Online (Hondros)

A module based, online option that can be completed on any device with an internet connection and a web browser.

Virtual Classroom

For remote students who want to stream the unparalleled Classroom experience to their home or office.

Champions Advantage

Customize a program to fit your needs by utilizing all of our delivery methods and resources.