OAR 441-880-0300
License Renewal; Reinstatement Process


A mortgage loan originator license shall expire on December 31 of each calendar year. At least 30 days prior to the expiration of a mortgage loan originator license, a mortgage loan originator shall submit all information required to the National Mortgage Licensing System and Registry. The renewal application shall include evidence that:


The mortgage loan originator attests that all information contained in the renewal request and application is true and accurate;


The applicant continues to meet the minimum requirements for a mortgage loan originator license in ORS 86A.212 (Findings required for issuing license);


The applicant paid any required fee, as applicable, under OAR 441-880-0400 (Fees Payable to the Director); and


The applicant completed twenty hours of pre-licensure education or ten hours of continuing education that comply with the requirements in OAR 441-880-0310 (Mortgage Loan Originator Continuing Education Requirements; Curing Deficiencies; License Sanctions for Failure to Maintain Continuing Education).


A person applying to reinstate a mortgage loan originator license that has lapsed for a period of five or more years, whether or not the applicant was employed or continued to engage in business as a mortgage loan originator during the period of the lapse, shall:


Complete the continuing education requirements under this section (1) of this rule; and


Pass a qualified written test under ORS 86A.215 (Education and testing requirements for license) and OAR 441-880-0215 (Oregon Examination For Mortgage Loan Originators).

Source: Rule 441-880-0300 — License Renewal; Reinstatement Process, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-880-0300.

Last Updated

Jun. 8, 2021

Rule 441-880-0300’s source at or​.us