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Everything you need to choose a mortgage loan originator training program in Montana: state requirements, licensing costs, expected timelines, and salary data.
Median Salary
$65,960
in Montana
Licensing Fees
N/A
gov't fees only
Timeline
6 weeks – 4 months
to licensed
Job Outlook
+4%
Average DemandSAFE MLO Test (NMLS National Component) — National pass rate: 55%
Look for programs with exam preparation included to maximize your chances of passing on the first attempt.
Start your Mortgage Loan Originator career in Montana
Compare approved training programs and find one that fits your schedule and budget. Montana mortgage loan originators earn a median salary of $65,960.
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Montana Median
$65,960
National Median
$74,180
Montana pays 11% below the national median.
Source: BLS OEWS, May 2024
Government licensing fees in Montana typically range from N/A. This includes application fees, exam fees, and initial licensing fees. Education and training program costs are additional.
The total time from starting education to receiving your license is typically 6 weeks – 4 months in Montana, including education, exam preparation, and application processing.
The median annual salary for a mortgage loan originator in Montana is $65,960, compared to the national median of $74,180 (BLS OEWS, May 2024).
Montana requires the SAFE MLO Test (NMLS National Component) with a national pass rate of 55%. Approved education programs will prepare you for this exam.
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Salary data from BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Licensing costs derived from official Montana licensing board data. Timelines include education, examination, and application processing. Individual program costs and durations may vary. Always verify requirements with the state licensing authority.