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Mortgage Loan Originator Licensing in Mississippi

Review current requirements, exam details, renewal cycle, and salary outlook for mortgage loan originator in Mississippi, including See agency and board contact links.

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Mortgage Loan Originator in Mississippi

Estimated timeline: 17 years

Core Requirements

  1. 1

    Must have successfully completed a course of training for which application for licensure is being made

  2. 2

    Education: Specific course required.

  3. 3

    Experience: Work experience required.

  4. 4

    Background/Criminal Review: No criminal record prohibitions.

  5. 5

    Physical Requirement: No physical requirements.

  6. 6

    License Type: Stand-alone license.

  7. 7

    Practitioner's license.

  8. 8

    Instructor's license.

  9. 9

    Salon license.

  10. 10

    Postsecondary School of Cosmetology Rule 2.8 Examination for In-State Applicants.

  11. 11

    Have at least a twelfth (12th) grade education or its equivalent.

  12. 12

    (1) Proof of completion of high school education shall be submitted in the form of a diploma, or certified transcript which reflects graduation data.

Exam and processing details

  • State exam required

Continuing education and program notes

  • certified transcript which reflects graduation data

Application Snapshot

  1. Licensing Authority

    MS Board of Cosmetology

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $59,950 median (19% below national)

  5. State Salary Rank

    #46 of 50 states

Step-by-Step Process (7)

  1. 1. Meet Mississippi eligibility requirements for Mortgage Loan Originator licensure.
  2. 2. Complete required education or training: Specific course required.
  3. 3. Document required supervised experience: Work experience required.
  4. 4. Pass required examination steps: State exam required.
  5. 5. Prepare supporting documentation (background check: No criminal record prohibitions; Must have successfully completed a course of training for which application for licensure is being made; Background/Criminal Review: No criminal record prohibitions.).
  6. 6. Submit the application to MS Board of Cosmetology and monitor board communications.
  7. 7. Maintain post-licensure compliance (continuing education: Continuing education required to maintain license).

Salary Insights in Mississippi

With a median salary of $59,950, Mortgage Loan Originators in Mississippi earn 19% below the national median of $74,180. Mississippi ranks #46 among 50 states. The typical licensing timeline is 17 years.

State Hiring Climate (QCEW)

Steady

QoQ Employment Change

+0.5%

Average Weekly Wage

$999

Median annual salary

$59,950

Hourly estimate

$28.82
19% below national median

Difference: -$14,230

Percentile Distribution

Annual compensation
  • P1010th percentile$35,290
  • P2525th percentile$43,160
  • P50Median$59,950
  • P7575th percentile$81,940
  • P9090th percentile$130,220

State vs National Median

State: $59,950
National: $74,180

Total employment: 2,770 | Annual openings: N/A

Mortgage Loan Originator Salary Ranking

#46 of 50 statesfor Mortgage Loan Originator median salary
RankStateMedian Salary
#1New York$98,940
#2New Jersey$95,090
#3Massachusetts$93,430
#4Vermont$86,490
#5Minnesota$84,480

Nearby States Comparison

Mortgage Loan Originator licensing across the region
StateMedian SalaryEducationExamTimeline
Mississippi$59,950Specific course requiredState exam required17 years
Tennessee$63,160Degree requiredThird-party exam required18 years
Alabama$60,750Varies by state boardState-approved exam1-2 months
Louisiana$57,320Degree requiredThird-party exam requiredVaries by board
Arkansas$70,050Varies by state boardState-approved exam1-18 years

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
Mississippi50LowState-specific exam conditions may apply. Documented experience may be required.
Tennessee50LowState-specific exam conditions may apply. Documented experience may be required.
Alabama70MediumDocumented experience may be required.
Louisiana50LowState-specific exam conditions may apply. Documented experience may be required.
Arkansas78HighBoard-specific review required.
  • License status indicator: Active.
  • Continuing education indicator: Continuing education required to maintain license.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

MS Board of Cosmetology

P.O. Box 55689, Jackson, MS, 39296-5689

Phone: 6013591820

Related Careers in Mississippi

ProfessionMedian SalaryEducationTimeline
Architect$79,040Degree requiredVaries by board
Audio and Video Technicians$33,210Degree requiredVaries by board
Certified Public Accountant$64,170Degree requiredVaries by board
Civil Engineer$103,940Degree requiredVaries by board

FAQ

How long does it take to become a Mortgage Loan Originator in Mississippi?

Most applicants finish the licensing path in about 17 years, but timing can change based on education track, exam scheduling, and board processing.

What exams are required for Mortgage Loan Originators in Mississippi?

Mississippi lists State exam required as part of the licensure process for Mortgage Loan Originators.

What education do you need to become a Mortgage Loan Originator in Mississippi?

The board typically expects Specific course required for Mortgage Loan Originator licensure in Mississippi.

What is the typical Mortgage Loan Originator salary in Mississippi?

The median annual salary for Mortgage Loan Originators in Mississippi is $59,950. Salaries range from $35,290 (10th percentile) to $130,220 (90th percentile).

How does the Mortgage Loan Originator salary in Mississippi compare to the national average?

Mortgage Loan Originators in Mississippi earn 19% below the national median of $74,180, with a state median of $59,950.

How many Mortgage Loan Originators work in Mississippi?

Mississippi employs approximately 2,770 Mortgage Loan Originators according to BLS data.

Can I transfer my Mortgage Loan Originator license to Mississippi from another state?

Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: Continuing education required to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Mortgage Loan Originators in Mississippi?

The licensing agency is MS Board of Cosmetology. Review agency details at https://www.msbc.ms.gov/.

How often do you renew a Mortgage Loan Originator license in Mississippi?

Current guidance indicates a renewal cycle of See board renewal rules.