Loan Originators License in Montana
Quick Answer
Montana requires 20 hours of NMLS-approved education, passing the SAFE MLO Test, a background check, and licensing through the Division of Banking and Financial Institutions via NMLS.
- Education Required
- 20 hours
- Exam
- NMLS SAFE MLO Test
- Timeline
- 1-3 months
- Renewal
- Every Annually (December 31)
Requirements
Loan Originators license in Montana
Loan Originators Salary in Montana
Entry Level
$42,110
Median
$65,960
Experienced
$124,540
Source: Bureau of Labor Statistics. Salary data is for informational purposes only.
How to Get Licensed
Step-by-step roadmap to becoming a licensed Loan Originators in Montana.
- 1
Submit Your Application
File your application with the licensing agency.
- 2
Receive Your License
Processing typically takes 1-3 months.
Loan Originators Licensing in Montana: What to Know
Montana licenses mortgage loan originators through the Division of Banking and Financial Institutions. The COS database returned only a brief one-sentence description for Montana without specific fee or education details. Under the federal SAFE Act, all Montana MLOs must complete at least 20 hours of NMLS-approved pre-licensing education, pass the NMLS SAFE MLO Test, undergo a criminal background check, and authorize a credit report. Montana processes applications through the NMLS system and requires 8 hours of annual continuing education for renewal. Montana requires a surety bond for mortgage companies.
Frequently Asked Questions
- How long does it take to get a Loan Originators license in Montana?
- The process typically takes 1-3 months, depending on education completion and exam scheduling.
- What exam do I need for a Loan Originators license in Montana?
- You need to pass the NMLS SAFE MLO Test. N/A
Considering another state?
Compare Loan Originators requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.