The first step to Rhode Island MLO licensure is creating an NMLS account to get an account ID. Once you’ve done this, you’re ready to take your 23 hours of Pre-Licensure education. This education will prepare you for the next step towards getting your license, which is taking the SAFE MLO Test.
20 hour PE course
3 state specific hours
Online instructor-led
Fulfills all Pre-Licensure requirements
20 hour PE course
3 state specific hours
8 hour CE course for future renewal*
All features from Standard
Includes your future renewal
* Additional state specific CE Course may be required
20 hour PE course
3 state specific hours
All features from Course Only
Includes Exam Prep
If you already have your 20-Hour National requirement, we can help you complete any additional hours.
Our Pre-Licensure Education packages fulfill the SAFE Act requirement and provide a comprehensive introduction to the principles and practices of mortgage lending. In addition to the required core topics, the PE course will focus on content areas appearing on the SAFE MLO Test.
Whether you're just starting your mortgage career, or are a seasoned mortgage loan originator, our mortgage courses are proven to help you learn what you need to know so you can excel in your career. Powered by our custom LEAP 2.0 platform, our courses engage you from start to finish and will help you effectively learn and retain vital information for your benefit. There's a reason why over 50,000 students choose us as their go-to education resource each month.
Content is the key to your success, and we're constantly updating our courses to keep up with industry changes. We want you to learn, grow, and succeed through the most revolutionary ideas in education.
You shouldn't have to pay for something that isn't right for you. We value your time, money, and effort, and we prove it by offering your money back within 30 days of purchase if your course isn't yet 50% complete.
Classrooms can be inconvenient and offer outdated education. We've built LEAP, our custom online learning solution, to engage students with interactive content featuring real-world scenarios.
Track which lessons have been completed and how much time you've spent in the course.
Rhode Island Requirement Details for Mortgage Pre-Licensing Education
3 hours of federal law
3 hours of ethics
2 hours of non-traditional mortgage lending
9 hours of electives
3 hours of Rhode Island law
Seat time will be enforced and our online course delivery system manages this requirement
NMLS ID Registration:The NMLS system is used to process MLO licensing requests for all 50 states. A unique NMLS ID is required to report all course completions. Creating an account and obtaining an ID number is a simple process that can be completed here.
Licensing Exam:he licensing exam is administered by NMLS. Registration for the licensing exam is an entirely separate process from your course final exam. For instructions to register for your licensing exam and further information, please click here.
Final Exams: Final exams must be passed with a minimum score of 70% and may be taken a maximum of 3 times.
Course Completion Reporting: Mortgage course completions are reported to the Nationwide Multistate Licensing System. A unique NMLS ID is required to report course completions. The CE Shop will report your course within 7 calendar days.
Expiration Date of course: National Pre-Licensing courses have a specified start and end date and are instructor-led. Students must select their course start date within 90 days of purchase. Once the start date has been selected students will have that day plus an additional 12 full calendar days to complete their course.
State-specific Pre-Licensing courses, where required, must be completed within 90 days from the date of purchase. After licensing, licensees will be required to complete Rhode Island Mortgage Continuing Education requirements.
Rhode Island Contact Details for Mortgage Continuing Education
State of Rhode Island Department of Business Regulation
Phone: 401-462-9503
Email: emilia.giorno@dbr.ri.gov
Website: State of Rhode Island Department of Business Regulation
NMLS Resources for Mortgage Continuing Education
