Kentucky: NMLS Pre-Licensing MLO Requirements & Training
20-Hour Online Interactive Course
KY Requires 20 hours of NMLS-Approved Pre-Licensing Education and no state-specific courses.
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Diehl offers the Pass Promise. If a user completes a simulated exam in Prep2Pass with a 95% or higher score and does not pass the NMLS/SAFE MLO test, they received a full refund for the Test Prep App. To date, 99.8% have passed the NMLS/SAFE MLO test after scoring a 95% or higher in the Prep2Pass Simulated Test.
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KENTUCKY REQUIREMENTS FOR NMLS PRE-LICENSING EDUCATION
Hours Required By The State: 20 hours (No State-Specific Course Required)
Final Exam Instructions: Each course contains a final exam. A minimum score of 75% is required to pass the final exam and can be taken as many times as needed to pass. This exam is required for education credit, but does not count toward the SAFE Mortgage Loan Originator Test.
NMLS Education Requirement: Diehl Mortgage Training is an NMLS-Approved Training Provider for Pre-Licensing Education #1400133
Seat Time: The state requires that all students spend a minimum amount of seat time engaged in the course content. Our online learning management system tracks engagement by clicking through the course.
Reporting: Upon completion of your course, the NMLS requires course providers to credit-bank your education hours within 7 business days. Diehl banks your hours in as little as 24 hours.
Start and End Date of Course: Your course will close at the end of the 5, 7, or 10-Day period, depending on the path you choose.
Certificates: Upon completion of the course, Diehl Mortgage Training & Compliance will email you a certificate of completion. Please download and hold onto this certificate to show proof of education completion.
https://www.ky.gov/
Step 1 – Review your checklist
Go to the State Licensing Requirements Page for your state and gather required documentation which may need to be uploaded and sent to the state agency.
All state licensed MLOs and certain individuals as mandated by their state agency are required to pass the National SAFE MLO test, complete pre-licensure education, and submit to a criminal background and credit check prior to submitting an application in NMLS. Review Professional Standards for more details on the Criminal Background Check, Testing, Education, and Credit Report process.
Step 2 – Coordinate with your company
NMLS is the official system of record so it is important to coordinate use with your employer. If your company is licensed with or registered in a state through NMLS, either of you can complete your first Individual Form (MU4) in NMLS. Whoever creates the first Individual Form (MU4) must pay any associated fees when it is submitted to the state agency. If your company is completing your first Individual Form (MU4), wait for their direction before proceeding.
Step 3 – Create an account
NOTE: The information used to create the account must be accurate, complete and reflect information found on legal documentation. Inaccurate information may result in one or more duplicate accounts. If duplicate accounts are created, the responsible individual or company is liable for all fees associated with resolving the error.
Navigate to NMLS.
Click the Log Into NMLS button.
Click the Request an Account link.
Select the Individual option.
Review the Quick Guide: Creating an Individual Account for further assistance.
Step 4 – Log into NMLS
If your company created your first Individual Form (MU4), log in with the credentials provided, review your Individual Form (MU4), make any necessary corrections and attest to its accuracy.
Review the Attestation Quick Guide for further assistance.
Kentucky: NMLS Pre-Licensing
MLO Requirements & Training
Individuals interested in the Kentucky NMLS pre-licensing course should know that new state-licensed MLOs should complete 20 hours worth of NMLS-approved education. This NMLS pre-licensing education includes:
- 3 hours of federal law
- 3 hours of ethics
- 2 hours of non-traditional mortgage lending training
- 12 hours of electives
In addition, state-licensed MLOs should complete 8 hours of NMLS-approved mortgage education yearly, starting from the year of their license, unless they completed the PE in the same year. This education includes:
- 3 hours of federal law
- 2 hours of ethics
- 2 hours of non-traditional mortgage lending
- 1 hour of Kentucky state-specific education
For more information on Kentucky NMLS Pre-Licensing Education Requirements, you can get in touch with Diehl Education at:
- Phone: 317-272-7600
- Email: support@diehl1.com
- Website: https://staging.diehleducation.com/
- Address: 11216 Fall Creek Road, Suite 111, Indianapolis, IN 46256 USA
For questions regarding the Kentucky MLO new license or the Kentucky NMLS new license, you should contact the Kentucky Office of Financial Institutions at:
- Phone: 502-782-2094
- Website: https://kfi.ky.gov/New_Default.aspx
- Address: Public Protection Cabinet, 500 Mero Street, Frankfort, KY 40601
For more details and queries regarding licensing agencies in Kentucky, you can check the NMLS Kentucky MLO License Description.
The Kentucky NMLS Pre-Licensing course expires after three years if the account is inactive. In other words, you must obtain a license within three years of completing the 20-hour course, or you will have to complete Pre-Licensing Education again.
Since Kentucky PE courses are a prerequisite for the license, there’s no state-mandated deadline to finish them. However, our Online Instructor-Led courses have a 7-10 day deadline following the start of the course. Once you finish studying the pre-licensing course, you can choose when you want to sit for the test according to the NMLS scheduling conditions.
Candidates who fail the test component thrice must wait for 180 days before sitting for a retest.
Diehl trainers have more than 20 years of experience in the mortgage industry and know how to fully prepare you for acing the Kentucky MLO new license test. The trainers provide high-quality education and ensure students can study easily and conveniently.
Diehl Education also provides Prep2Pass NMLS Test Prep tools for further test preparations as well as Kentucky mortgage loan officer training. This way, students can for a mock test before sitting for the real examination.
Diehl Education offers multiple state licenses if you also want to add a license in another state.