LicenseCompass

MORTGAGE LOAN ORIGINATORS License in Wyoming

Quick Answer

Wyoming requires a $150 license fee, $110 exam fee, 20 hours of NMLS education, passing the SAFE MLO Test, $120 annual renewal, and no felony convictions in the past 7 years through the Division of Banking.

Education Required
20 hours
Exam
NMLS SAFE MLO Test
Total Cost
$400 (est.)
Timeline
1-3 months
Background Check
Required
Renewal
Every Annually (December 31)

Requirements

MORTGAGE LOAN ORIGINATORS license in Wyoming

gold
Education
No educational requirements
Exam
State exam required
Background Check
No criminal record prohibitions
Continuing Education
No continuing education requirement to maintain license
Veterans Benefits
N/A - Not displayed

Estimated Costs Est.

Application Fee
$150
Exam Fee
$110
Renewal Fee
$120
Total Estimated Cost
$400

Licensing Agency

WYOMING DIVISION OF BANKING

Cost Breakdown

Estimated costs for getting your MORTGAGE LOAN ORIGINATORS license in Wyoming. Values marked "Est." are extracted from official descriptions.

Enter the cost of your pre-licensing education program

$
Application FeeEst.$150
Exam FeeEst.$110
Total Estimated Cost$260

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Wyoming licensing board.

MORTGAGE LOAN ORIGINATORS Salary in Wyoming

Entry Level

$46,330

Median

$76,460

Experienced

$142,950

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed MORTGAGE LOAN ORIGINATORS in Wyoming.

  1. 1

    Complete Education Requirements

    No educational requirements

  2. 2

    Submit Background Check

    No criminal record prohibitions

  3. 3

    Pass the Required Exam

    State exam required — NMLS SAFE MLO Test

  4. 4

    Submit Your Application

    File your application with the licensing agency. Application fee: ~$150.

  5. 5

    Receive Your License

    Processing typically takes 1-3 months.

MORTGAGE LOAN ORIGINATORS Licensing in Wyoming: What to Know

Wyoming licenses mortgage loan originators through the Division of Banking. The COS listing provides comprehensive detail: $150 license fee, $120 annual renewal fee, and $110 national exam with uniform state component. Applicants must complete 20 hours of NMLS-approved pre-licensing education and pass both the state and national components of the SAFE test. A background check via fingerprints and credit report authorization are required. The license expires annually on December 31 and is tied to employment by a company with a unique NMLS number. Wyoming prohibits licensing for individuals with revoked MLO licenses, felony convictions within 7 years, or convictions for fraud, dishonesty, or money laundering at any time. There are no continuing education requirements.

Frequently Asked Questions

How much does a MORTGAGE LOAN ORIGINATORS license cost in Wyoming?
The estimated total cost is $400, including application fees, exam fees ($110), and education costs.
How long does it take to get a MORTGAGE LOAN ORIGINATORS license in Wyoming?
The process typically takes 1-3 months, depending on education completion and exam scheduling.
What exam do I need for a MORTGAGE LOAN ORIGINATORS license in Wyoming?
You need to pass the NMLS SAFE MLO Test. State exam required

Considering another state?

Compare MORTGAGE LOAN ORIGINATORS requirements across states.

View all states →

Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.