Get Your Indiana MLO License

In Indiana, Mortgage Loan Originators (MLOs) must be licensed to conduct mortgage business. MLOs can obtain their license through the Indiana Department of Financial Institutions (DFI) or the Indiana Secretary of State (SOS), depending on their employer’s license.  Most MLOs in Indiana have a DFI license.  Here’s a step-by-step guide to obtain your Indiana Mortgage Loan Originator License through the Indiana Department of Financial Institutions (DFI).

Indiana Mortgage Loan Originator License Requirements
You can take an online course to get an Indiana MLO license

Sale Price $189 Enroll Now-Start Anytime

3 Steps to obtain a Mortgage Loan Originator License in Indiana - DFI

1

Complete an NMLS approved 20-hour MLO Course:
ENROLL HERE to start the 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: Indiana MLO Course

This is the course you need to take to obtain your Indiana 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!

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Best Price for an MLO Course
  • 20-Hour NMLS Approved Course #16623
  • 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
  • Fully Updated for 2026
  • Bonus Marketing Videos Included FREE ($236 value)
  • BBB Accredited
Indiana Mortgage Loan Officer Course Online
Get an NMLS ID # Instructions

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 Indiana Course will fully prepare you to pass the license exam.  Once you complete this course, you will have immediate FREE ACCESS our full Exam Prep Course.  Both courses for just $275 $189. The largest employers of loan officers in Indiana are commercial banks, savings institutions, and mortgage companies, which are typically Indiana DFI-licensed entities rather than SOS-licensed mortgage brokers. Additionally, the sponsor must hold a current DFI mortgage lending license, or an exempt company registration, and since most major mortgage employers hold DFI licenses, their MLOs must also obtain DFI licensing to work under their sponsorship.

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

Working as a mortgage loan originator in Indiana offers distinct advantages due to the state’s balanced housing market and affordable home prices, making it easier to qualify borrowers and close loans. Indiana’s steady economic growth and manufacturing base create a reliable stream of borrowers, while the state’s reasonable cost of living allows MLOs to build profitable businesses with lower operating expenses. The supportive lending community and manageable regulatory environment make Indiana an attractive state for both new and experienced mortgage professionals. Whether you want to become a mortgage broker in Indianapolis, Fort Wayne, Evansville, or South Bend our mortgage loan originator course will get you the education you need to get your license.

NMLS Approved online course Preview Video 20-hour

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Frequently asked Questions about 24hourEDU and How to Get your 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 license to become a mortgage loan originator in the United States. This requirement was established by the SAFE Act of 2008 to ensure that MLOs meet minimum standards for education, testing, and background checks.

No, we currently do not offer the additional two hours of state law education required for Indiana MLOs who seek employment with a mortgage lender licensed by the Indiana Secretary of State.  You can still take our 20 hour course and purchase the 2 hour course from another provider for as little as $50.

Yes, our comprehensive 20-hour MLO course will help prepare you for the test as our content covers all of the uniform state testing content along with the included Exam Prep Course where all graduates get access to over 500 MLO exam prep questions.

The majority of mortgage loan originators in Indiana are licensed by the Indiana Department of Financial Institutions.  You need 20-hours of NMLS approved SAFE MLO education in order to obtain your license through the DFI.  Our 20-Hour SAFE Comprehensive: Online Mortgage Loan Originator Course will fully satisfy this educational requirement.

In Indiana, Mortgage Loan Originators (MLOs) must be licensed to conduct mortgage business. MLOs can obtain their license through the Indiana Department of Financial Institutions (DFI) or the Indiana Secretary of State (SOS), depending on their employer’s license. The application is completed through the NMLS, with the MLO’s employer needing to be either a licensed mortgage lender or exempt from licensing requirements. The SOS license requires an additional 2 hours of state specific education, while the DFI does not.

The course is just 20 hours long and the training can be completed in as little as four days.  The NMLS requires all students to finish 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.

If you wish to work for an employer licensed through the Secretary of State, you will also need to complete an additional 2 hours of Indiana state mortgage law course.  The majority of MLO’s in Indiana do not need this extra course because they work for a DFI licensed employer.

The passing score for MLO license applicants in Indiana is 75% or higher

  • You must wait 30 days between retakes if you fail
  • After three failed attempts, you must wait 180 days before trying again
    • Best SAFE MLO Exam preparation methods for Indiana include:
      • Taking the 24hourEDU Exam Prep Course
      • Taking notes during the online MLO Course
      • Reading our online mortgage course E-Book

The best MLO students dedicate personal time to reviewing study guides and notes from their pre-license education courses.

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.