New York Mortgage License Renewal Requirements

New York MLO License Renewal Requirements

Every New York-licensed MLO is required to complete 11 hours of NMLS approved education annually. Continuing education must include:

  • 3 hours of Federal law
  • 2 hours of Ethics
  • 2 hours of Non-Traditional Mortgage Lending
  • 1 hour of Elective
  • 3 hour of New York Law

Newly licensed MLOs are not required to complete CE this year if they both:

  1. Became compliant for PE this year (completed pre-license training this calendar year), AND
  2. Were approved for initial licensure this year

NOTE: NY-DFI will not accept any hours of other state-specific education to count towards the 1 hour of elective. MLOs are advised to complete either an 11 hour NY Comprehensive course or an 8-hour Comprehensive course and a 3 hour NY elective course.

View MLO CE Courses
The deadline to complete CE is December 31. However, MLOs in New York are prohibited from applying to renew their license if they have not completed CE. MLOs are strongly encouraged not to wait until the last minute to try to complete CE or they may be prevented from submitting for renewal on time.

Renewal Information

You can renew your license between November 1 and December 31 each year. Once you have completed your required CE:

  1. Log in to NMLS and make sure your record is up to date
  2. Receive a request to renew or reactivate your registration
  3. Log in to NMLS and attest to your registration’s renewal or reactivation

You can find more information and helpful videos here.

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