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

Oregon Division of Financial Regulation

Oregon Division of Financial Regulation

Division of Financial Regulation

Last verified Oct 25, 2026

Open the official agency page

https://dfr.oregon.gov/business/licensing/financial/mortgage/pages/mortgage-originator-faq.aspx

Division of Financial Regulation

Last verified Oct 25, 2026

Open the official agency page

https://dfr.oregon.gov/business/licensing/financial/mortgage/pages/mortgage-originator-faq.aspx

All new mortgage loan originators must apply for a license through the Nationwide Mortgage Licensing System (NMLS).

Last verified Oct 25, 2026

20 hours

20

Complete 20 hours of pre-licensure education, including four hours of Oregon-specific education

Last verified Oct 25, 2026

The 20 pre-licensure hours include 4 hours of Oregon-specific education.

The 20 pre-licensure hours include 4 hours of Oregon-specific education.

Complete 20 hours of pre-licensure education, including four hours of Oregon-specific education

Last verified Oct 25, 2026

Pass the national test with uniform state content.

Pass the national test with uniform state content.

Pass the national test with uniform state content

Last verified Oct 25, 2026

Have an individual surety bond or coverage under the company's surety bond using the Oregon statutory scale.

Have an individual surety bond or coverage under the company's surety bond using the Oregon statutory scale.

Have a surety bond or be covered by the company's surety bond using the scale provided for in Oregon law

Last verified Oct 25, 2026

10 hours

10

Each licensed mortgage loan originator must complete 10 hours of NMLS-approved continuing education each year prior to renewal unless the orignator completed pre-licensure education that year.

Last verified Oct 25, 2026

3 hours federal rules and regulations; 2 hours ethics; 2 hours nontraditional mortgage products; 2 hours Oregon-specific education; 1 elective hour

3 hours federal rules and regulations; 2 hours ethics; 2 hours nontraditional mortgage products; 2 hours Oregon-specific education; 1 elective hour

The 10 hours must include 3 hours of education on federal rules and regulations, 2 hours of ethics, 2 hours on non-traditional mortgage products, 2 hours of Oregon specific education, and 1 hour of electives.

Last verified Oct 25, 2026

A military spouse stationed in Oregon who holds a current out-of-state MLO license may qualify for a temporary Oregon license.

A military spouse stationed in Oregon who holds a current out-of-state MLO license may qualify for a temporary Oregon license.

If you are the spouse of a member of the Armed Forces of the United State who is stationed in Oregon and you hold a current mortgage loan originator license in another state, Oregon may issue you a temporary license for Oregon.

Last verified Oct 25, 2026

Loan originators require individual licenses and mortgage-company sponsorship.

Loan originators require individual licenses and mortgage-company sponsorship.

Loan originators must be individually licensed and the mortgage company must sponsor the license.

Last verified Oct 25, 2026

Renew every year; complete 10 CE hours before requesting renewal unless prelicensing education was completed that year.

Renew every year; complete 10 CE hours before requesting renewal unless prelicensing education was completed that year.

Licenses must be renewed each year and applicant must complete 10 hours of continuing education prior to requesting renewal unless the individual completed pre-licensure education that year.

Last verified Oct 25, 2026