Montana § 32-9-107 - Prelicensing Education Requirements For Mortgage Loan Originators
Full text of Montana Montana Code Annotated § 32-9-107 — Prelicensing Education Requirements For Mortgage Loan Originators, with citation guidance and answers to common questions.
§ 32-9-107. Prelicensing Education Requirements For Mortgage Loan Originators
Prelicensing education requirements for mortgage loan originators. (1) An individual seeking a mortgage loan originator's license shall complete at least 20 hours of approved education courses, which must include at least: (a) 3 hours of training on federal law and regulations; (b) 3 hours of training in ethics, including instruction on fraud, consumer protection, and fair lending issues; and (c) 2 hours of training related to lending standards for the nontraditional mortgage product marketplace. (2) In addition to the training required in subsections (1)(a), (1)(b), and (1)(c), the department may require by rule that applicants complete additional hours of training that are specific to Montana residential mortgage statutes and rules. (3) The prelicensing education courses that comply with the requirements of subsection (1) and that are approved by the NMLS for any other state must be accepted with respect to the completion of prelicensing education requirements in Montana. (See part compiler's comment regarding contingent suspension.)
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-9-107
What does Montana Code Annotated § 32-9-107 cover?
Section 32-9-107 ("Prelicensing Education Requirements For Mortgage Loan Originators") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 32-9-107?
A common citation format is "Montana Code Annotated § 32-9-107" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 32-9-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.