Get Your Colorado MLO License

Colorado mortgage loan originators are required to be licensed. In order to apply for a license, applicants must complete 22-hours of NMLS approved education. Our online MLO courses are fully approved to meet this requirement.

Colorado Mortgage Loan Officer License Requirements
You can take online courses to get your Colorado MLO License

Sale Price $189 Enroll Now-Start Anytime

3 Easy Steps to obtain a Mortgage Loan Originator License in Colorado

1

Complete our NMLS approved 20-hour Online MLO Course ($275 $189) & then pass the 2-hour Colorado Laws Course (included free)
ENROLL HERE to start the 20-hour course instantly

2

Pass your national mortgage exam:
Exam prep included free of charge (unlike other schools)

3

Apply for the MLO License:
We report your hours to the NMLS free of charge

20 Hour SAFE Comprehensive: National MLO Course & 2 Hour Colorado Laws Course

This is the course you need to take to obtain your Colorado license. Unlike most competitors, we don’t have confusing packages. We include our exam prep course free, so you have everything in one package designed to get your license!

Enroll Now
Best Price for an MLO Course
  • 20-Hour NMLS Approved Course #16623
  • 2-Hour CO Laws Course Included #17480 ($49 value)
  • Bonus Exam Prep Course Included FREE ($149 value)
  • NMLS Hours Reporting Included Free ($30 value)
  • Online Prerecorded Instructor Led Videos
  • E-textbook Included (Downloadable PDF)
  • Unlimited Phone & Email Support
  • Bonus Marketing Videos Included FREE ($236 value)
  • Fully Updated for 2025
Best MLO Course Online Colorado

If you already have an MLO license in another state and want to get a Colorado License too, you can enroll in our 2-hr Colorado MLO course for $49 by calling student support at (888) 405-4453.

Get an NMLS ID # Instructions
Colorado MLO - Mortgage Loan Originator Association
24hourEDU is an Affiliate Member of CoAMP - Colorado Association of Mortgage Professionals

Why so inexpensive compared to other mortgage schools?

Since we only offer online courses, we can keep our costs low and our price affordable unlike most of our competitors. Therefore, we get to train more students than the other schools, which is a win for us. By keeping our costs lower, we help you get started in a great career as an MLO without having to take out a loan for your training, so everybody wins.

Best Training - Best Service - Best Value

Our 20-hour NMLS Approved National Course will fully prepare you to pass the SAFE MLO Exam.  Once you complete this course, you will have immediate FREE ACCESS to our 2-hour Colorado Approved Mortgage Laws Course, and a full Exam Prep Course.  All three courses for just $275 $189. You will be able to apply for a license with the Colorado Department of Regulatory Agencies (DORA), specifically its Division of Real Estate. Your CO MLO license application will be submitted in the NMLS system.

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Colorado 2-hour Mortgage Laws Course Included Free

Our 2-hour Colorado laws course is included with the purchase of our 20-hour course. We also include our exam prep material in one easy to access package. You will get everything you need to become a licensed mortgage loan originator in the Centennial State.

Best Online MLO Course
24hourEDU has all the training you need to get your MLO License
CO Mortgage Broker Course Online Self-paced NMLS Approval Number - 17480
2-hour Colorado Mortgage Laws Online Self-Paced Course
24hourEDU is a proud member of the Colorado Association of Mortgage Brokers
24hourEDU is a proud member of the Colorado Association of Mortgage Professionals

A message from our Mortgage Loan Originator Education Instructor Rich Leffler about the training program

Colorado MLOs thrive in a dynamic market fueled by continuous population expansion and varied lending prospects, from mountain retreats to urban condominiums. The state’s enviable quality of life, combined with year-round outdoor recreation and a steady stream of transplants seeking the Rocky Mountain lifestyle, creates a perfect landscape for developing a successful mortgage career. Whether you aspire to become a mortgage broker in Denver, Boulder, Colorado Springs, Fort Collins, Aspen, Vail, or Grand Junction, our mortgage loan originator course will provide the comprehensive education required to secure your license and navigate Colorado’s distinctive real estate environment.

NMLS Approved online course Preview Video 20-hour

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Frequently asked Questions about 24hourEDU and How to Get your Colorado Mortgage License

We made sure the NMLS required 20-hours of studying includes the information needed pass the SAFE MLO Exam.  To ensure students have an opportunity to continue to study, we provide everyone with a 600 page e-book, 500 exam prep questions, and a 30-page study guide specific to the test. We want every student to have the material needed to pass their exam. It is included, because you will need it to study as a resource after your 20-hour mortgage loan office course.

A mortgage loan originator (MLO) is a professional who helps borrowers apply for and obtain mortgage loans. They assess borrowers’ financial situations, recommend appropriate loan products, and guide clients through the mortgage application process. Many people refer to the individual MLO as a mortgage loan officer or mortgage broker.

Yes, you need a Mortgage Loan Originator (MLO) license to work as a mortgage loan originator in Colorado. The state requires all individuals who take mortgage applications or negotiate mortgage terms for compensation to be licensed through the Nationwide Multistate Licensing System (NMLS).

To obtain your Colorado MLO license, you’ll need to:

  1. Complete 22 hours of NMLS and CO-approved pre-licensure education
  2. Pass the NMLS national exam
  3. Submit to a criminal background check and credit check
  4. Meet financial responsibility requirements
  5. Register with the NMLS and apply through the Colorado Division of Real Estate

If you’re planning to work as an MLO in Colorado, starting the licensing process early is advisable since completing your course, passing the SAFE MLO Exam, and application processing can take time.

CO MLO Pre-Licensure Education: Completion of 22 hours of an NMLS approved pre-licensure education course, of which a minimum of 2 hours shall cover the provisions of Colorado Law and Rules.  The 24hourEDU course includes all of these hours for individuals looking to earn their Colorado mortgage loan originator license.

The $110 NMLS certification exam is designed to thoroughly assess your knowledge while remaining achievable for well-prepared candidates. The passing threshold of 75% means you need to get 87 out of 115 questions correct. While the $110 SAFE MLO Exam fee represents an investment in your future, it is reasonable compared to many professional certifications in the state of Colorado. Preparation will help ensure you make the most of this opportunity to become a loan officer. With focused study and access to our included 500 practice questions, you will be well-positioned to demonstrate your expertise and pass the SAFE MLO Exam on your first try.

If you are a new MLO in Colorado, you will start by registering for your NMLS ID number, completing the required training hours for Colorado, and passing the SAFE MLO Exam.  You can then apply by taking the following aciton in your NMLS account:

    • Submit to a criminal background check
    • Provide fingerprints to NMLS
    • Authorize the Registry to obtain a credit report
    • Pay all required fees
    • Activate your license through a mortgage lender

The training is just 22 hours long and the training can be completed in as little as four days.  The NMLS requires all students to finish the National 20-hour course in 14 days or less.  The required 20 hours of pre-licensing education typically includes:

  • 3 hours of federal law
  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 12 hours of electives – Our online MLO course dedicates all of these hours to preparing you for the SAFE MLO test for mortgage loan originator licensing.

Once your 20-hour course is complete with 24hourEDU, you can immediately access the 2-hour Colorado Laws Course in your online mortgage training account.

The Colorado MLO license application and approval process typically takes about 30-45 days from start to finish, though individual timelines can vary based on several factors:

  • Pre-licensing education (20 hours) can be completed in as little as a week if done full-time
  • The NMLS exam scheduling may add 1-2 weeks depending on test center availability
  • Background and credit checks usually take 7-10 business days to process
  • Application review by the Colorado Division of Real Estate generally takes 2-3 weeks once all materials are submitted

Factors that might extend this timeline include incomplete applications, issues found during background checks, or high-volume periods when the regulatory agencies are processing many applications.

For the smoothest experience, ensure all your documentation is complete and accurate upon submission, and consider starting the process well before you plan to begin working as an MLO in Colorado.

The typical pre-licensing education courses cost $300-$500 with exam prep and the 2-hour Colorado Mortgage Law Course, but with 24hourEDU it’s just $189 and that includes everything!  We even include an Exam Prep Course for Florida MLOs  START NOW!

More Frequently Asked Questions about Getting you Mortgage Loan Officer License

According to a study performed by GLASSDOOR on June 6th, 2024, the average salary for a mortgage loan originator is around $177,000 per year with the top MLO’s making over $240,000 per year.

Glass Door Mortgage Loan Originator Salary range

Mortgage license training involves completing the 20-hour pre-licensure education course, passing a national exam, and meeting state-specific requirements. The training covers topics such as federal and state mortgage laws, ethics, loan origination, and consumer protection.

The duration of mortgage license training can vary, but most aspiring MLOs can complete the required pre-licensure education in 20-30 hours. This includes additional time for exam preparation.  24hourEDU includes a complete exam prep course for the SAFE MLO National Exam free of charge with our 20 Hour SAFE Comprehensive: Online (OIL) – Mortgage Loan Originator Course.

  • 3 hours of ethics
  • 2 hours of non-traditional mortgage lending
  • 12 hours of electives – Our online MLO course dedicates all of these hours to preparing you for the SAFE MLO test for mortgage loan originator licensing.

The SAFE Act requires a minimum of 20 hours of pre-licensure education, which includes 3 hours of federal law, 3 hours of ethics, 2 hours of non-traditional mortgage lending, plus 12 hours of general mortgage origination electives. Other states may require additional hours.

The 24hourEDU 20-hour course costs just $275 $189! The cost of mortgage pre-licensure education with other courses can range from $300 to $800 plus they have additional costs for exam prep courses and NMLS hour reporting fees.  24hourEDU does not nickel and dime you on this.  We include exam prep and the NMLS hour reporting fees in our tuition. Some students also ask:  Why is 24hourEDU so cheap? By keeping our tuition affordable, we get to train more MLO students than any other school, so that is a win for us.  By having the best price, we also help students get their mortgage license without spending an arm and a leg on the training. Everybody wins.

Yes, the 24hourEDU NMLS-approved course offers online mortgage license training. This allows for flexible scheduling and online learning, making it convenient for those who are working or have other commitments. Per NMLS regulations, the 20-hour course must be completed in 14 days or less from the start date.  All of the training and testing to pass your 20 Hour SAFE Comprehensive: Online (OIL) – Mortgage Loan Originator Course will be done online in our learning management system.

Yes, after completing the pre-licensure education, you must pass the SAFE Mortgage Loan Originator Test. Our training includes guidance to study for the national component and, for many states, a state-specific component. The exam tests your knowledge of mortgage lending practices and relevant laws.

Mortgage license training courses typically cover federal and state mortgage laws, ethics, loan origination processes, financial calculations, credit analysis, types of mortgage products, and fair lending practices. 24hourEDU has specifically designed our course to prepare you for the SAFE MLO National Exam.

MLO licenses must be renewed annually. The renewal process involves completing state continuing education requirements and paying a renewal fee. The NMLS Annual Renewal Period begins Nov. 1 each year.  The renewal deadline each year is December 31st.

The Nationwide Multistate Licensing System & Registry (NMLS) is the system of record for MLO licensing and registration. It manages the pre-licensure education, testing, and continuing education requirements for MLOs across the United States. You will learn all about the NMLS while completing our 20 Hour SAFE Comprehensive: Online (OIL) – Mortgage Loan Originator Course.

You cannot work as an MLO while completing your training. You must first complete the pre-licensure education, pass the SAFE MLO test, and obtain your license before you can legally originate mortgage loans.

While the SAFE Act establishes minimum national standards that cover this state, other states have additional requirements for MLO licensing. These may include a few more hours of state-specific pre-licensure education, or a different process for background check requirements.

After completing mortgage license training and obtaining your license, you can work as an MLO in various settings, including banks, credit unions, mortgage companies, or as an independent broker. With experience, you might advance to roles such as team leader, branch manager, or even open your own mortgage brokerage.

Yes, the 20 Hour SAFE Comprehensive: Online (OIL) – Mortgage Loan Originator Course by 24hourEDU is 100% approved by the NMLS so you can get the core hours required to apply for a mortgage loan origination license. 24hourEDU is an approved NMLS Course Provider listed in the NMLS list of approved online mortgage education providers under ID: 1405107.