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

Wisconsin Department of Financial Institutions, Mortgage Banking

Wisconsin Department of Financial Institutions, Mortgage Banking

Wisconsin Department of Financial Institutions Mortgage Banking

Last verified Oct 25, 2026

Open the official agency page

https://dfi.wi.gov/Pages/FinancialServices/MortgageBanking/GeneralInformation.aspx

Wisconsin Department of Financial Institutions Mortgage Banking

Last verified Oct 25, 2026

Open the official agency page

https://dfi.wi.gov/Pages/FinancialServices/MortgageBanking/GeneralInformation.aspx

Wisconsin uses the Nationwide Multistate Licensing System & Registry (NMLS), a licensing system operated by state financial regulators, for all of its mortgage licensing.

Last verified Oct 25, 2026

20 hours

20

prior to the division’s issuance of the license, shall complete at least 20 hours of education

Last verified Oct 25, 2026

Pass the NMLS-developed written test; at least 75 percent of answers must be correct.

Pass the NMLS-developed written test; at least 75 percent of answers must be correct.

An individual shall answer at least 75 percent of the test questions correctly to achieve a passing test score. … No test may satisfy the requirement under par. (a) unless the test is developed by the nationwide multistate licensing system and registry

Last verified Oct 25, 2026

$250

250

Loan Originator Application ​$250

Last verified Oct 25, 2026

$250

250

Loan Originator License Renewal ​$250 (see note 1)

Last verified Oct 25, 2026

All licenses expire on December 31 of each year.

1

All licenses expire on December 31 of each year.

Last verified Oct 25, 2026

All licenses expire on December 31 of each year.

All licenses expire on December 31 of each year. Applies to: Wisconsin mortgage loan originator licenses

All licenses expire on December 31 of each year.

Last verified Oct 25, 2026

8 hours

8

prior to the division’s renewal of the license, shall annually complete at least 8 hours of education

Last verified Oct 25, 2026

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

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

224.755(2)(a) (a) Three hours of federal law and regulations. 224.755(2)(b) (b) Two hours of ethics, including instruction on fraud, consumer protection, and fair lending issues. 224.755(2)(c) (c) Two hours of training related to lending standards for the nontraditional mortgage product marketplace.

Last verified Oct 25, 2026

Individuals taking residential mortgage applications or offering or negotiating their terms for compensation or gain require an MLO license.

Individuals taking residential mortgage applications or offering or negotiating their terms for compensation or gain require an MLO license.

This license is required of any individual who, for compensation or gain or in the expectation of compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan.

Last verified Oct 25, 2026

Fees are nonrefundable and additional NMLS fees may apply.

Fees are nonrefundable and additional NMLS fees may apply.

Fees are non-refundable. … Additional NMLS fees may apply.

Last verified Oct 25, 2026

NMLS-approved prelicensing and continuing education may be taken in another state.

NMLS-approved prelicensing and continuing education may be taken in another state.

224.755(3)(b) (b) An education course meeting the standard under par. (a) may count toward the requirements under subs. (1) and (2) even if the course is any of the following: 224.755(3)(b)1. 1. Provided by the applicant’s or licensee’s employer, by an entity affiliated with the applicant or licensee by an agency contract, or by any subsidiary or affiliate of such an employer or affiliated entity. 224.755(3)(b)2. 2. Offered through the Internet or another online or electronic medium. 224.755(3)(b)3. 3. Taken in another state.

Last verified Oct 25, 2026