Continuing Education

Maryland Requirements

Frequently Asked Questions (FAQs)

  • New Applicants - ALL new license applicants MUST initiate applications through the NMLS. Proceed to NMLS.
    Please note new license requests must be submitted through the NMLS, but supporting documentation must be sent to the Maryland Office of the Commissioner of Financial Regulation.
  • Renewing Licensees - You must renew your license on the NMLS during the renewal period – November 1st through December 31st. Proceed to NMLS. Please note renewal requests must be submitted through the NMLS, but supporting documentation must be sent to the Maryland Office of the Commissioner of Financial Regulation.
  • For additional information, click here  

Regulated By:

Maryland Commissioner of Financial Regulation

Address:

Office of the Commissioner of Financial Regulation
500 North Calvert Street, Suite 402 
Baltimore, Maryland 21202

Phone/Fax Numbers:

(410) 230-6100, (888) 784-0136 / 410-333-0475

Website Address:

http://www.dllr.state.md.us/finance/

Please Note: The contents contained on this web page are for informational purposes only. State requirements often change. Please visit your state web site for the most up-to-date information. This information should not be interpreted as legal advice.

Affiliated Insurance Producer-Mortgage Loan Originators

Application Type:

License

Application Fee:

$782.25 (includes initial license fee, investigation fee, and NMLS processing fee)

Initial Education 
and/or Experience:

20 Hours NMLS Approved Pre-Licensing Education (Including 5 hrs. MD Specific Content) and Sponsorship by a Licensed MD Entity

Testing:

A Score of 75% on National and MD Test Components

CE Requirement:

8 Hours NMLS Approved CE, Annually (Including 1 hr. MD Specific Content)

CE Deadline:

December 31st

Surety Bond:

$50,000 - $150,000 or Covered by Employer's Blanket Surety Bond of $1 Million

Finger Prints /
Criminal Background:

Yes/Yes

Net Worth:

N/A

Credit Report:

Yes

Renewals:

December 31st

 

Mortgage Loan Originators

Application Type:

License

Application Fee:

$409 (includes licensing fee, NMLS processing fee, and investigation fee)

Initial Education 
and/or Experience:

20 Hours NMLS Approved Pre-Licensing Education (Including 5 hrs. MD Specific Content) and Sponsorship by a Licensed MD Enitity

Testing:

A Score of 75% on National and MD Test Components

CE Requirement:

8 Hours NMLS Approved CE, Annually (Including 1 hr. MD Specific Content)

CE Deadline:

December 31st

Surety Bond:

Covered by Employer's Surety Bond

Finger Prints /
Criminal Background:

Yes/Yes

Net Worth:

N/A

Credit Report:

Yes

Renewals:

December 31st

 

Revision Date: 12/13/19. Information provided from My Mortgage Trainer