Get Your Oregon MLO License
Oregon mortgage loan originators are required to be licensed. In order to apply for a license, our students will complete 24-hours of NMLS approved education. Our online MLO courses are fully approved to meet the Oregon education requirements. Enroll now then start anytime.
3 Easy Steps to obtain a Mortgage Loan Originator License in Oregon
1
Complete our NMLS Approved 20-hr Course and our Oregon approved 4-hour OR SAFE: Oregon Laws Course. We provide both for just $189!
ENROLL HERE start the course instantly
2
Pass the 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
24-Hours SAFE Comprehensive: Oregon MLO Course Online
This is the course needed to obtain your Oregon MLO license. Unlike most competitors, we don’t have confusing packages. We include your 4-hour Oregon Laws Course AND our Exam Prep Course FREE, so you have everything in one package designed to get your license!
- 20 Hour Approved Course #16623
- 4 Hour Oregon Laws Course #17997 ($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
- Unlimited Phone & Email Support
- Bonus Marketing Videos Included FREE ($236 value)
- Fully Updated for 2026
If you already have an MLO license in another state and want to get a Oregon License too, you can enroll in our 4-hr Oregon MLO course for $49 by calling student support at (888) 405-4453.
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 Mortgage License Course will fully prepare you to pass the Oregon mortgage loan originator license exam. Once you complete the National course, you will have immediate FREE ACCESS to our 4-hour Oregon Mortgage Law Course and a comprehensive Exam Prep Course. All three courses for just $189. Upon completion, you will be able to apply for your mortgage loan originator license with the Oregon Division of Financial Regulation (DFR) through the NMLS (Nationwide Multistate Licensing System). The Oregon Division of Financial Regulation (DFR) has regulatory authority over mortgage brokers, lenders, independent processor contractors, and mortgage loan originators conducting business in Oregon.
"*" indicates required fields
Oregon 4-hour Mortgage Laws Course and Exam Prep Included Free
Our 4-hour Oregon 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 Oregon.
A message from our Mortgage Loan Originator Education Instructor Rich Leffler about the training program
OR Mortgage Loan Originator Career
Operating as a Mortgage Loan Originator (MLO) with an Oregon MLO License presents a wealth of opportunity, fueled by the state’s robust economy, high quality of life, and dynamic real estate sectors. Oregon’s economic bedrock, including its famed “Silicon Forest” technology industry, expansive healthcare and manufacturing sectors, consistently attracts high-income professionals. This strong, diverse job market generates continuous demand for residential financing across all segments, from thriving urban centers to scenic suburban and mountain communities. With median home prices significantly contributing to large loan volumes, the potential for high earnings is substantial. Whether your goal is to assist clients in the tech-focused Hillsboro and Beaverton areas, the major metro of Portland, the fast-growing retreat of Bend, or the stable government and education markets of Salem and Eugene, securing your license with our MLO course gives you the necessary foundation to succeed in this highly lucrative Pacific Northwest market.
"*" indicates required fields
Frequently asked Questions about How to Get your Mortgage License in Oregon
What are the education requirements to become a mortgage loan originator in Oregon?
The required pre-licensure education (PE) to become a licensed Mortgage Loan Originator (MLO) in Oregon is a minimum of 20 hours of NMLS-approved coursework. This education must adhere to specific federal and state guidelines, including 3 hours of Federal law and regulations, 3 hours of ethics (covering fraud and consumer protection), 2 hours of non-traditional mortgage lending standards, and a mandatory 4 hours of Oregon state-specific law and rules. The remaining 8 hours are elective and cover general mortgage origination topics. After completing this education, applicants must pass the National SAFE MLO Test with Uniform State Content to meet the educational prerequisites for state licensure. To ensure success, 24hourEDU provides all OR students with a full 24-hour course to prepare for the SAFE MLO Exam.
What is a mortgage loan originator (MLO)?
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.
Do I need a license to become a mortgage loan originator?
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.
What test do I need to get a OR MLO License?
All new Oregon mortgage loan originators will need to achieve a passing score on the SAFE MLO – National Test Component with Uniform State Content. The 24hourEDU course will fully prepare you for this test. You will get free access to over 1,000-practice questions and an exam prep study guide.
Do I need to complete the state law course for Oregon MLOs before I take the SAFE MLO National test?
No, you will not complete the 4-hour OR state law course prior to completing the SAFE MLO Exam. You will need to have completed this course only before you apply for your individual Oregon residential MLO License.
How do I schedule the SAFE MLO Exam?
You must schedule the examination by logging into your NMLS account. If you have passed the 24hourEDU comprehensive course, you will see step-by-step instructions on how to apply within our Exam Prep Course. There are test centers in every major city in Oregon.
What is the average salary of an MLO in Oregon?
The average annual salary for a Mortgage Loan Originator (MLO) in Oregon is highly variable due to the commission-based nature of the job, but it typically averages around $89,673 per year. However, this figure is often just the starting point, as top earners in the 75th percentile frequently bring in annual compensation exceeding $100,000, with high-performing MLOs reaching salaries up to $240,000 or more. Cities like Bend, Portland, and Hillsboro, with their higher home prices and concentrated professional populations, often report higher average earnings, reflecting the substantial earning potential tied to Oregon’s lucrative real estate market.
If I get an MLO license in Oregon, can I also get licensed in Washington?
Yes! Once you have met all of the requirements to get a Oregon MLO license, you will just need to take and pass the Washington Mortgage Laws course. Then simply apply for a new individual MLO licnese in Washington using your NMLS account. You will not have to take another exam as the SAFE MLO test is Nationally recognized, so you only need to pass it one time.
