Texas Loan Originator Education FAQ

Find the Answers to Your Loan Originator Education Questions!

We are here to help! Here is a list of the most frequently asked questions about Texas Loan Originator education. If your questions are not listed below, or if you need additional help, please contact us!

Please Note - All of our Loan courses are approved by the Nationwide Multistate Licensing System (NMLS) - Provider #1400073

PE Questions

Answers to common questions related to Loan Originator Pre-Licensing Education.

CE Questions

Answers to common questions related to Loan Originator Continuing Education.

Loan Originator Pre-Licensing Education (PE) Questions

The following questions pertain to Loan Originatro Pre-Licensing Education (PE) and are commonly asked by people who want to earn a Loan Originator license in Texas.

What are the Texas Requirements for Loan Originator?

You must complete the 20-Hour National component as well as the 3-Hour Texas component.

I am a licensed Loan Originator in another state. Do I have to take the 20-Hour National class?

No. If you are an active, licensed Loan Originator in another state, you will just need to complete the Texas 3-Hour TX-SML SAFE: Texas Law and Practice class before taking the state exam.

What is the application fee?

For Fiscal Year 2020 (September 1, 2019 – August 31, 2020) the Texas Department of Savings and Mortgage Lending Fee Schedule:

Initial Mortgage Loan Originator License (MU4) - $150
Recovery Fund: $10
NMLS Processing Fee: $30
Criminal Background Check: $36.25
Sponsorship fee: $25
Credit Report Request: $15

What is the exam fee?

The Prometric exam fee is $110.00

I signed up for the online Loan Originator classes. Is there a time limit?

Yes. When you registered online, you selected a time frame. Your courses will need to be completed within that time frame window.

Most Popular Loan Originator License Programs
Choose a Program to Enroll

To purchase a package, choose your preferred delivery method from the appropriate dropdown below. To mix-and-match multiple delivery methods, you can choose the Champions Advantage option.

23-Hour RMLO Texas License Program

$485$515
SAVE $30

Courses Included in this Package:

20-Hour SAFE Comprehensive
3-Hour TX-SML SAFE: Texas Law and Practice
National Exam Prep Course

Additional Details:

FREE Books / PDFs Included
FREE Exan Prep Retakes for 1 Year
23 NMLS Credit Hours

This basic program includes everything you need to apply for a license and prepare for the licensing exam.

Choose a Delivery Method

Classroom

Virtual Classroom

Champions Advantage

Choose Method

$485

Please select a delivery method
above and try again.

23-Hour RMLO Texas License Essential Skills Program

$629$694
SAVE $65

Courses Included in this Package:

20-Hour SAFE Comprehensive
3-Hour TX-SML SAFE: Texas Law and Practice
National Exam Prep Course
Essential Mortgage Skills
How to Market Yourself

Additional Details:

FREE Books / PDFs Included
FREE Exan Prep Retakes for 1 Year
23 NMLS Credit Hours

This program includes RMLO Development courses to better prepare you for a career in Loan Origination.

Choose a Delivery Method

Classroom

Virtual Classroom

Champions Advantage

Choose Method

$629

Please select a delivery method
above and try again.

23-Hour RMLO Texas License Career Success Program

$719$839
SAVE $120

Courses Included in this Package:

20-Hour SAFE Comprehensive
3-Hour TX-SML SAFE: Texas Law and Practice
National Exam Prep Course
Essential Mortgage Skills
How to Market Yourself
Success Through Business Etiquette

Additional Details:

FREE Books / PDFs Included
FREE Exan Prep Retakes for 1 Year
23 NMLS Credit Hours

This comprehensive program includes RMLO Development courses to better prepare you for a career in Loan Origination plus our popular Business Etiquette course.

Choose a Delivery Method

Classroom

Virtual Classroom

Champions Advantage

Choose Method

$719

Please select a delivery method
above and try again.

Set Your Loan Originator License Education Course Schedule.
Classroom, Online, or in the Virtual Classroom!

Classroom

Traditional classroom environment with instructor-led lectures.

For students who learn best in a classroom environment. Students are required to attend all approved hours to receive credit.

Virtual Classroom

Combination of instructor-led ChampionsLIVE!® streaming and home-study.

Best for remote students who want the classroom experience streamed to their home or office. Study before class and spend time with a real-teacher remotely at home.

Online (3rd-Party)

An online, module based course that works on any mobile device with an internet connection.

For remote students who learn best with video and interactive activities. Work through online material at your own pace on any device with an internet connection. These courses are taken via a 3rd-party provider.

Champions Advantage

Choose one delivery method or try them all. Transfer anytime. That's the Champions Advantage. Learn More

Customize a program to fit your needs by utilizing all of our delivery methods and resources. Choose a different delivery method for each course and switch between them to find your best learning environment. No other Real Estate school offers this level of flexibility and convenience.

Loan Originator Continuing Education (CE) Questions

The following questions pertain to Loan Originatro Pre-Licensing Education (PE) and are commonly asked by people who want to earn a Loan Originator license in Texas.

What is the Texas requirement for Loan Continuing Education?

Every state licensed MLO (in any approved status) is required to complete at least 8 hours of NMLS approved education annually. Champions offers this course for $135.00

When do I need to renew my license?

Your license expires every year on December 31st. The NMLS Annual Renewal Period begins November 1 and ends December 31 each year.

I just earned my license this year. Do I still have to renew this year?

No. If you completed your 20 hours of Pre-Licensing Education (PE) and were licensed this year, you are NOT required to complete 8 hours of Continuing Education (CE) this year. You are NOT required to take Pre-Licensing (PE) and Continuing Education (CE) courses in the same year.

If you became federally compliant for PE between 2009 - 2017 and were licensed between 2009 - 2018, you are required to complete CE in 2019. If you became compliant for PE in 2019 and were approved for an initial license in 2019 you are NOT required to complete CE in 2019.

Where do I go to renew my license?

Please visit the NMLS renewal page at http://mortgage.nationwidelicensingsystem.org/slr/common/renewals/Pages/default.aspx

How much is it to renew my license?

The Texas Department of Savings and Mortgage Lending Renewal Fees for Fiscal Year 2020 (September 1, 2019 – August 31, 2020):

Renewing Mortgage Loan Originator License - $60
Reinstating Mortgage Loan Originator License - $90 (Applicable if individual license or registration renewal is filed after 12/31 but prior to 3/1)
NMLS annual processing fees- Company $100, Branch $20, Individual - $30

Does Champions offer late CE?

Champions typically offers an 8-Hour Loan Late CE option via Learn Mortgage (Hondros), a third-party online education provider. If there is currently a Late CE option available, there will be a separate course listing on our Loan Originator Contuning Education page.