Mortgage Originator Renewal
Mortgage loan originators can apply to renew their Missouri MLO license beginning Nov. 1, 2014. If your application is not approved by Dec. 31, 2014, your license will expire and you will be inactive on Jan. 1, 2015.
If your initial Missouri license was approved before 2014, you will have to complete eight hours of continuing education (CE) this year. If your initial license was approved this year, you should not have to complete CE until 2015. New for this year is a one-hour Missouri-specific elective that can be included in an eight-hour comprehensive course or as a stand-alone elective to complete required CE.
Also, all renewal applicants will have to authorize a new credit report and criminal background check through NMLS as part of Missouri's renewal process. You should be prompted within NMLS to authorize both requirements at the time you apply for Missouri renewal.
If you are licensed in multiple states, you should not have to request a new criminal background check or credit report just for Missouri if your most recent request for each is dated Nov. 1, 2014, or later. If you have other questions, please call us at 573-751-4243 or email us.
For NMLS functionality questions, please contact its call center at 855-665-7123.