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

Mississippi Department of Banking and Consumer Finance

Mississippi Department of Banking and Consumer Finance

Mississippi Department of Banking and Consumer Finance (DBCF)

Last verified Oct 25, 2026

Open the official agency page

https://dbcf.ms.gov/mortgage/

Mississippi Department of Banking and Consumer Finance (DBCF)

Last verified Oct 25, 2026

20 hours

20

a person shall complete at least twenty (20) hours of education

Last verified Oct 25, 2026

Prelicensing education includes 4 hours on the Mississippi S.A.F.E. Mortgage Act.

Prelicensing education includes 4 hours on the Mississippi S.A.F.E. Mortgage Act.

Four (4) hours of education related to the Mississippi S.A.F.E. Mortgage Act.

Last verified Oct 25, 2026

Pass the required written test with at least 75% correct answers.

Pass the required written test with at least 75% correct answers.

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

Last verified Oct 25, 2026

A surety bond is required; a covered employer's bond may satisfy the requirement for its employee or exclusive agent.

A surety bond is required; a covered employer's bond may satisfy the requirement for its employee or exclusive agent.

Each mortgage loan originator shall be covered by a surety bond in accordance with this section. If the mortgage loan originator is an employee or exclusive agent of a person subject to this chapter, the surety bond of the person who is subject to this chapter may be used in lieu of the mortgage loan originator’s surety bond requirement.

Last verified Oct 25, 2026

Unless exempt, mortgage loan origination concerning a dwelling in Mississippi requires an annually maintained license.

Unless exempt, mortgage loan origination concerning a dwelling in Mississippi requires an annually maintained license.

An individual, unless specifically exempted from this chapter under Section 81-18-5, 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.

Last verified Oct 25, 2026

Open the official agency page

https://dbcf.ms.gov/mortgage/

For persons wishing to conduct business on Mississippi residential property, all types of applications are completed through the NMLS.

Last verified Oct 25, 2026

$200

200

The initial license of a mortgage loan originator shall be accompanied by a fee of Two Hundred Dollars ($200.00)

Last verified Oct 25, 2026

$100

100

Annual renewals of this license shall require a fee of One Hundred Dollars ($100.00).

Last verified Oct 25, 2026

8 hours

8

a licensed mortgage loan originator shall complete at least eight (8) hours of education

Last verified Oct 25, 2026

3 hours federal law and regulations; 2 hours ethics, fraud, consumer protection and fair lending; 2 hours nontraditional mortgage lending standards

3 hours federal law and regulations; 2 hours ethics, fraud, consumer protection and fair lending; 2 hours nontraditional mortgage lending standards

Three (3) hours of federal law and regulations; (b) Two (2) hours of ethics, which shall include instruction on fraud, consumer protection and fair lending issues; and (c) Two (2) hours of training related to lending standards for the nontraditional mortgage product marketplace.

Last verified Oct 25, 2026

NMLS-approved prelicensing education for another state is accepted toward Mississippi's education requirement.

NMLS-approved prelicensing education for another state is accepted toward Mississippi's education requirement.

The prelicensing education requirements approved by the Nationwide Mortgage Licensing System and Registry in subsection (1) of this section for any state shall be accepted as credit towards completion of prelicensing education requirements in Mississippi.

Last verified Oct 25, 2026

Annual expiration is December 31 if the renewal fee is unpaid. Initial licenses issued November 1 through December 31 expire December 31 of the following year.

If the renewal fee remains unpaid, the license shall expire, but not before December 31 of any year for which the annual renewal fee has been paid. However, if the initial loan originator license is issued between November 1 and December 31, the license will expire December 31 of the following licensing year. Applies to: Mississippi MLO licenses, including the initial November–December issuance exception

If the renewal fee remains unpaid, the license shall expire, but not before December 31 of any year for which the annual renewal fee has been paid. However, if the initial loan originator license is issued between November 1 and December 31, the license will expire December 31 of the following licensing year.

Last verified Oct 25, 2026