What are loan officer license requirements?

Getting a loan officer license is important if you are going to be a mortgage loan officer. For all other types of loan officers, there is not a specific type of licensing required. Mortgage loan officers have to go through a licensing process that includes 20 hours of coursework. After the coursework, you have to pass a written exam. Besides passing the course and the exam, you have to pass a background check. To qualify as a mortgage loan officer, you cannot have any felonies on your record.