How to Get a Mortgage loan originator License in Alabama (2026)

Alabama State Banking Department, Bureau of Loans

Alabama State Banking Department, Bureau of Loans

The Supervisor of the Bureau of Loans of the State Banking Department.

Last verified Oct 25, 2026

Open the official agency page

https://banking.alabama.gov/wp-content/uploads/2023/08/AL_Secure_Fair_Enf_Mortgage_Lic_Act.pdf

Alabama Secure And Fair Enforcement for Mortgage Licensing Act

Last verified Oct 25, 2026

20 hours

20

a person shall complete at least 20 hours of education approved in accordance with subsection (2)

Last verified Oct 25, 2026

Pass the required written test with a score of at least 75%.

Pass the required written test with a score of at least 75%.

An individual shall not be considered to have passed a qualified written test unless the individual achieves a test score of not less than 75 percent correct answers to questions.

Last verified Oct 25, 2026

A surety bond is required; an employer's bond may cover an employee or exclusive agent under the Consumer Credit Act or Mortgage Brokers Licensing Act.

A surety bond is required; an employer's bond may cover an employee or exclusive agent under the Consumer Credit Act or Mortgage Brokers Licensing Act.

In the event that the mortgage loan originator is an employee or exclusive agent of a person subject to the Alabama Consumer Credit Act or Mortgage Brokers Licensing Act, the surety bond of such person subject to the Alabama Consumer Credit Act or Mortgage Brokers Licensing Act can be used in lieu of the mortgage loan originator's surety bond requirement.

Last verified Oct 25, 2026

$75

75

Each application shall be filed with an initial license fee of seventy-five dollars ($75).

Last verified Oct 25, 2026

$75

75

The fee related to the renewal of the license shall be seventy-five dollars ($75).

Last verified Oct 25, 2026

8 hours

8

a licensed mortgage loan originator shall complete at least eight hours of education

Last verified Oct 25, 2026

At least 3 hours federal law, 2 hours ethics including fraud, consumer protection and fair lending, and 2 hours nontraditional mortgage lending.

At least 3 hours federal law, 2 hours ethics including fraud, consumer protection and fair lending, and 2 hours nontraditional mortgage lending.

(a) Three hours of federal law and regulations; (b) Two hours of ethics, which shall include instruction on fraud, consumer protection, and fair lending issues; and (c) Two hours of training related to lending standards for the nontraditional mortgage product marketplace.

Last verified Oct 25, 2026

Education credit only: NMLS-approved pre-licensing education in the specified subjects from another state is accepted toward Alabama's education requirements.

Education credit only: NMLS-approved pre-licensing education in the specified subjects from another state is accepted toward Alabama's education requirements.

The pre-licensing education requirements approved by the Nationwide Mortgage Licensing System and Registry in subsections (1)(a), (b), and (c) for any state shall be accepted as credit towards completion of pre-licensing education requirements in Alabama.

Last verified Oct 25, 2026

Unless exempt, an individual originating mortgages on Alabama dwellings must obtain and maintain a license annually and an NMLS unique identifier.

Unless exempt, an individual originating mortgages on Alabama dwellings must obtain and maintain a license annually and an NMLS unique identifier.

An individual, unless specifically exempted from this chapter under subsection (2), shall not engage in the business of a mortgage loan originator with respect to any dwelling located in this state without first obtaining and maintaining annually a license under this chapter. Each licensed mortgage loan originator must register with and maintain a valid unique identifier issued by the Nationwide Mortgage Licensing System and Registry.

Last verified Oct 25, 2026

State initial and renewal license fees are additional to NMLS fees.

State initial and renewal license fees are additional to NMLS fees.

This license renewal fee shall be in addition to the fees required to renew through the Nationwide Mortgage Licensing System and Registry.

Last verified Oct 25, 2026

Open the official agency page

https://banking.alabama.gov/bol/bol-forms-and-apps/

Mortgage Loan Originator Original License Application

Last verified Oct 25, 2026