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New Mexico PE

Pre-licensing Requirements

New Mexico states that individuals seeking licensure as an MLO are required to complete 20 hours of NMLS-approved education. This education must include 3 hours of federal law, 3 hours of ethics (which must include instruction on fraud, consumer protection, and fair lending issues), 2 hours of non-traditional mortgage lending, 9 hours of undefined education (referred to as electives), and 3 hours of New Mexico-specific state law instruction.

If you haven't completed your initial 20 hours of SAFE education, click here to view our 20 Hour SAFE options.

As mentioned, New Mexico has a 3-hour state specific pre-licensing education course requirement.  Please view our New Mexico PE course options below. 

Continuing Education Requirements

If you are already a licensed MLO in New Mexico, you don't need to take PE (unless you have been instructed by the NMLS to do so). You do need to complete at least 8 hours of NMLS-approved continuing education every year following the completion of your PE requirements. Click here if you need to complete your continuing education and select the 7 or 8 hour course that meets your needs.   Additionally, check out our New Mexico CE page to see our New Mexico 1 Hour CE course options.

3 Hour NM SAFE: Understanding New Mexico Mortgage Law (#11089)

This 3 Hour New Mexico State Law pre-licensing education elective course has been approved by Nationwide Mortgage Licensing System (NMLS) (#11089) and meets the three (3) hours of New Mexico State law and rules concerning residential mortgage lending port
[Course Details...]


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