Mortgage Broker

Loan Officer

• 36 months of loan origination experience

AND

90 hours of Core classroom training, including 6 hours of Ethics, offered by an SML-approved provider taken within the last two years if NOT previously licensed as a mortgage broker or loan officer under the MBLAct

OR

30 hours of Core classroom training, including 2 hours of Ethics, offered by an SML-approved provider taken within the last two years if NOT previously licensed as a mortgage broker under the MBLAct but was previously licensed as a loan officer under the MBLAct

OR

• 18 months of loan origination experience and, at minimum, a bachelor’s degree in either finance, banking, or business administration

AND

90 hours of Core classroom training, including 6 hours of Ethics, offered by an SML-approved provider taken within the last two years if NOT previously licensed as a mortgage broker or loan officer under the MBLAct,

OR

30 hours of Core classroom training, including 2 hours of Ethics, offered by an SML-approved provider taken within the last two years if NOT previously licensed as a mortgage broker under the MBLAct but was previously licensed as a loan officer under the MBLAct

OR

• Holds active Texas license as: Real Estate Broker or Attorney or General Lines Agent (Life, Accident, Health, & HMO; or Property & Casualty); Limited Lines Agent (Multiple Lines); or Managing General Agent

AND

90 hours of Core classroom training, including 6 hours of Ethics, offered by an SML-approved provider taken within the last two years if NOT previously licensed as a mortgage broker or loan officer under the MBLAct

OR

30 hours of Core classroom training, including 2 hours of Ethics, offered by an SML-approved provider taken within the last two years if NOT previously licensed as a mortgage broker under the MBLAct but was previously licensed as a loan officer under the MBLAct.

• 60 hours of Core classroom training, including hours of Ethics, offered by an SML-approved provider, taken within the last two years

OR

• 18 or more months of loan origination experience

AND

30 hours of Core classroom training, including hours of Ethics, offered by an SML-approved provider taken within the last two years;

OR

• Holds active Texas license as: Real Estate Broker or  Attorney or General Lines Agent (Life, Accident, Health, & HMO; or Property & Casualty); Limited Lines Agent (Multiple Lines); or Managing General Agent

AND

30 hours of Core classroom training, including hours of Ethics, offered by an SML-approved provider taken within the last two years;