If you’re researching mortgage loan officer training in Colorado, you’re exploring entry into a state with a diverse housing market — from fast-growing metro areas like Denver to resort-driven second-home markets in the mountains.
Understanding Colorado’s licensing requirements is the first step toward building a compliant and scalable mortgage career.
Step 1: Meet Basic Eligibility Requirements
To become a mortgage loan originator (MLO) in Colorado, you must:
- Be at least 18 years old
- Have a Social Security Number
- Pass a criminal background check
- Meet financial responsibility and credit standards
Step 2: Complete NMLS Pre-Licensing Education
Under the SAFE Act, all new MLOs must complete:
- 20 hours of NMLS-approved education, including:
- 3 hours federal law
- 3 hours ethics
- 2 hours nontraditional lending
- 12 hours electives
Unlike some states, Colorado does not require additional state-specific coursework beyond the federal 20-hour requirement.
Courses are available online through NMLS-approved providers.
Step 3: Pass the NMLS SAFE Exam
The SAFE exam covers:
- Federal mortgage regulations
- Loan origination activities
- Ethics and consumer protection
- General mortgage knowledge
A passing score is 75% or higher.
Testing is available at approved centers or through remote proctoring.
→ Read more: What is the NMLS License? A Quick Overview for Buyers
Step 4: Apply for Your Colorado License
After passing the exam:
- Submit your application via NMLS
- Pay applicable licensing, background check, and credit report fees
In Colorado, mortgage loan originators are regulated by the Colorado Division of Real Estate (DRE).
Your license must be sponsored by a licensed mortgage company or brokerage before you can originate loans.
Compensation and support structures vary by company. Some operate under salary-based models, while others use commission-based or flat-fee structures.
When evaluating sponsorship, consider:
- Training depth
- Compliance supervision
- Access to lenders
- Technology infrastructure
- Long-term scalability
Colorado’s mix of primary residences, second homes, and resort properties often requires strong loan structuring knowledge and lender comparison skills.
Why Many Newly Licensed Loan Officers Choose Loan Factory
Once licensed, the environment you choose can shape how quickly you gain real production experience.
Why Choose Loan Factory (Loan Officer Version)
- 100% commission model, minus a flat $595 per closed file (paid when loans close and the company receives funds)
- No desk or junk fees
- Free MOSO platform (CRM, LOS, pricing engine, marketing tools, compliance support)
- Access to 240+ wholesale lenders with side-by-side pricing
- In-house underwriting support + $500 processing per file
- Access to company-generated leads in 42 states (availability and split disclosed before acceptance)
- Weekly live training + Loan Factory Academy
- Mentorship from Thuan Nguyen, recognized as the #1 Loan Officer in the U.S. by volume
Loan officers operate under company supervision and must comply with federal and state regulations, including TILA, RESPA, MAP, TCPA, and advertising approval policies.
The focus is on learning real-world loan structuring and compliant production — not just passing the exam.
→ Explore: Best Free CRM for Mortgage Loan Officers
Ready to Start Your Mortgage Career in Colorado?
If you’re serious about mortgage loan officer training in Colorado, the path begins with NMLS education and licensing. Long-term success depends on choosing the right platform for mentorship, systems, and compliance support.
Join webinar Loan Factory Today (https://www.loanfactory.com/loan-officer) – Get licensed, trained, and start closing loans faster. Call 714-591-8143 for more details.
FAQs: Mortgage Loan Officer Training Colorado
