5 Easy Steps to Obtaining a Texas Loan Originator License
Detailed Steps to a Loan Originator License

Step 1: Create an Individual User Account with the NMLS
Visit www.statemortgageregistry.com to setup your username and password. Be Sure to bring your NMLS number to class.
Estimated Time:
15 - 30 Minutes
Estimated Cost:
$0

Step 2: Complete the required 23-Hour SAFE Comprehensive Course
Students who apply for their LO License with NMLS will be required to complete the 20-Hour SAFE course, 3-Hour TX-SML SAFE: Texas Law and Practice, and pass the National Exam. We offer a package containing everything necessary to satisfy these requirements.
Estimated Time:
3 - 7 Days
Estimated Cost:
$485 - $719

Step 3: Register for our Loan originator Exam Prep course
Register for our 3-day Loan originator Exam PREP course to prepare for the National Test. Remember, once you pay the initial fee for the PREP you may re-take our PREP as many times as you want at no charge for one year!
Estimated Time:
3 Days
Estimated Cost:
$235 (included in package)

Step 4: Login to your NMLS Account and register for the NMLS National Exam
Prior to scheduling your licensing exam with Prometric, the exam must be paid for via the NMLS.
- The cost of the exam is $110
- You must sign the Candidate Agreement before being able to schedule your exam
- The National Test consists of 120 multiple choice questions and is timed (190 minutes).
- Click here for a step-by-step guide for scheduling your exam.
Once you have paid for your exam you will have 180 days to make your appointment and take the test. If you have paid and are ready to schedule, please contact Prometric. Please note that there is a 30-day waiting period for exam retakes. If you do not pass after two retakes, there is a 6-month waiting period. A test enrollment must be requested and paid for in NMLS prior to scheduling.
Estimated Time:
5 - 7 Days
Estimated Cost:
$110 Exam Fee

Step 5: Submit MU4 Form to the National Licensing System as well as the Criminal Background Check, Fingerprints, and Credit Report Request.
Submit the MU4 Form through the NMLS website. Through the MU4 log in - select Filing/Individual. The individual licensing fee is $100 including the NMLS processing fee. The application fee will vary by license type. Applicants are required to request a Criminal Background Check ($36.25) and the Credit Report Request function ($15).
Estimated Time:
3 - 4 Weeks
Estimated Cost:
Approx. $150
For More Information...
For more information about the Loan Originator licensing program at Champions School of Real Estate, please visit the following pages to learn more about the licensing process, class schedules, and the Texas Real Estate Commission (TREC).

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Loan Origination FAQ
Answers to the most important Loan Origination questions.

Loan Origination Student Resources
Important resources for the aspiring Loan Originator!

Download Loan Schedule
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