Am I exempt from part of the education requirement?

Licensed mortgage brokers are required to complete a 40-hour Mortgage Broker Licensing Education Course and complete a 100-question test prior to January 1, 2009. Persons who have obtained their CML might qualify for an exemption to a portion of those requirements.

IF YOU THINK YOU ARE EXEMPT - FOLLOW THESE STEPS
You must be a CMLA member AND have a current CML. Not Exempt? Click Here.

Step One:

• Check this list to see if your company is a member with CMLA.
  
• If your company IS a member of CMLA, proceed to Step 2.
  
• MEMBERSHIP IS REQUIRED FOR EXEMPTION STATUS.
  Non member companies may become CMLA members. If your company is NOT a member, you can click here to download the application.

Step Two:

• Check this list to see if you have a current Certified Mortgage Lender (CML) designation.
• If you have a CURRENT CML, Proceed to Step 3.
  
• CML DESIGNATION IS REQUIRED FOR EXEMPTION STATUS.
  Non-CML persons may become Certified Mortgage Lenders.

  If you need to renew your CML, Click Here.

  If you want a CML, Click Here.

Step Three:

• If you have BOTH - a Certified Mortgage Lender designation AND are a CMLA member - you qualify for the 20.5 hour exemption status.

Education Providers

CMLA has chosen both Mortgage Training Institute and National Lender Services as our preferred education providers.

• If you DID qualify for exemption status in the steps above, you may sign up for the 19.5 hour class.

• If you DID NOT qualify for exemption status in the steps above, or you wish to take all 40 hours of training, you must sign up for the 40 hour class.

• BOTH class types are offered ONLINE and IN PERSON.

Mortgage Training insitute offers classes both online and in person with several locations and dates throughout Colorado.	National Lender Services offers the same, high quality classes in a Live Classroom or online setting.