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How To Become A Mortgage Loan Officer In Oregon (2022)

How To Get Your Mortgage License (MLO) In Oregon

Last Update: April 13, 2022

    In almost all cases, Mortgage Loan Originator (MLO) Candidates require 20 hours of training. Each state then, has the option to require a certain amount of that training to be “state specific”. More on that break down later. In the meantime though, you can view your states specific training requirements here and keep them available for reference. 

    Once you verify your state specific course, it’s easy to get going. These simplified steps will help you determine the best way to get your mortgage loan originator or loan officer license.

    *Please note, that this is a general overview of requirements and that they may not reflect the most recent information. Your specific circumstances may require a different process as well. Please always verify requirements with the appropriate agencies.

    How To Become A Mortgage Loan Officer In Oregon In 6 Steps

    Step #1

    Create an account and register with Nationwide Multistate Licensing System & Registry (NMLS) and obtain an ID number.

    register with NMLS

    Step #2

    You must complete all 20 hours of education either online or in person.

    20 hours of NMLS training

    Step #3

    Pass the NMLS Mortgage licensing exam (some states have a state specific test)

    NMLS exam Arizona

    Step #4

    Complete background checks

    nmls background check

    Step #5

    Apply for your license

    nmls application

    Step #6

    Find an employer and associate your NMLS account ID with them

    hired mortgage loan originator


    There is no requirement for previous education and once hired, loan officers usually receive some on-the-job training. This may be a combination of formal, company-sponsored training and informal training during the first few months on the job. Most Loan Officers come from a background of sales, customer services and enjoy working with others.