The Missouri Division of Finance handles the licensing and examinations for residential Mortgage Brokers and regulates all companies and various providers of consumer credit which pertain to residential mortgages, including Mortgage Brokers. The same license covers both first and second mortgages.

All Missouri mortgage licenses are handled through the National Mortgage Licensing System. Prelicensing requirements include approved Courses that are 20 or more hours and contain 3 hours of Federal Law, 3 hours of Ethics, 2 hours of Non-traditional Mortgage Lending plus 12 or more hours of electives. This may be in addition to Missouri-required content. A minimum of eight hours per year of continuing education is required nationally per year, per the SAFE act.

The licensing fee for NMLS for Loan Originators is $169.  Click on the link in the preceding sentence for more details about this license. Check the NMLS website for more details on Mortgage Broker Licensing.  As of 4/1/2010, the NMLS site was being updated with mortgage broker application information.  Until it is update, get the mortgage broker application here.

Applicants who would like to become a Mortgage Broker must provide a Surety Bond in the amount of $50,000.

Financial statements and full disclosure of any judgments, bankruptcies or criminal activity within the last ten years accompany the application. The Division of Finance then conducts a financial and business responsibility background check.

Mortgage Brokers in Missouri are required to have a physical office within the state.

The Missouri Association of Mortgage Brokers (MAMB) is an affiliate of the National Association of Mortgage Brokers (NAMB) . These associations are an excellent resource system for those who are looking to become a Mortgage Broker in Missouri.

We also offer information and resources for Missouri Commercial Mortgage

Missouri Mortgage Forms

Missouri Reciprocity States


(as of 2/23/2010)

Missouri Approved Mortgage Schools Prelicensing and Postlicensing Education

Community Colleges

Private Schools

Abacus Mortgage Training
Training Pro

Last Update:  2/22/2010
This list may not include all approved schools. Please visit the Missouri Division of Finance website for the latest list of approved schools.