Division of Real Estate Division of Real Estate State of Colorado DORA

Mortgage Loan Originator Information

Rules and Regulations Update

The Board recently adopted new rules and revised position statements. Click here to view rules, position statements and upcoming rulemaking hearings.

Licensing

Continuing Education

All mortgage loan originators must complete a minimum of ten (10) hours of continuing education every year beginning in 2011. Eight (8) hours of continuing education is required to be taken through the NMLS and two (2) additional hours are required by the State. The State requirement may only be fulfilled by taking the Colorado 2 Hour Annual Update Course.

Colorado 2 Hour Annual Update Course Providers

Licensees who successfully pass the National Portion of the S.A.F.E. Test in the same calendar year in which they were granted a Colorado license are exempt from all continuing education requirements for that year. All other licensees are required to complete 10 hours of continuing education, including the Colorado Two (2) Hour Annual Update Course as well as 8 hours of continuing education through the NMLS. Please refer to the NMLS for rules regarding the 8-hour continuing education requirement.


Consumer Protection