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
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Regulated By: |
Maryland Commissioner of Financial Regulation |
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Address: |
Office of the Commissioner of Financial Regulation |
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Phone/Fax Numbers: |
(410) 230-6100, (888) 784-0136 / 410-333-0475 |
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Website Address: |
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
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Application Type: |
License |
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Application Fee: |
$782.25 (includes initial license fee, investigation fee, and NMLS processing fee) |
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Initial Education |
20 Hours NMLS Approved Pre-Licensing Education (Including 5 hrs. MD Specific Content) and Sponsorship by a Licensed MD Entity |
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Testing: |
A Score of 75% on National and MD Test Components |
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CE Requirement: |
8 Hours NMLS Approved CE, Annually (Including 1 hr. MD Specific Content) |
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CE Deadline: |
December 31st |
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Surety Bond: |
$50,000 - $150,000 or Covered by Employer's Blanket Surety Bond of $1 Million |
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Finger Prints / |
Yes/Yes |
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Net Worth: |
N/A |
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Credit Report: |
Yes |
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Renewals: |
December 31st |
Mortgage Loan Originators
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Application Type: |
License |
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Application Fee: |
$409 (includes licensing fee, NMLS processing fee, and investigation fee) |
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Initial Education |
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 |
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CE Requirement: |
8 Hours NMLS Approved CE, Annually (Including 1 hr. MD Specific Content) |
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CE Deadline: |
December 31st |
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Surety Bond: |
Covered by Employer's Surety Bond |
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Finger Prints / |
Yes/Yes |
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Net Worth: |
N/A |
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Credit Report: |
Yes |
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Renewals: |
December 31st |
Revision Date: 12/13/19. Information provided from My Mortgage Trainer
