State Licensing Requirements

District of Columbia

Electronic filings through NMLS may be delayed if all required items on the appropriate checklist below are not submitted to the regulator.

Check state agency website for further information: District of Columbia Department of Insurance, Securities and Banking Bureau

Common Requirements

The following requirements are handled through a common process for all jurisdictions:

Renewals - Annual license renewal for 2010

Financial Statements - Submitting financial statements through NMLS

Professional Requirements - Testing, education and background check requirements for individual Mortgage Loan Originators

Policy - Common policies, including the Policy Guidebook for Licensees

Company Licenses	Description	Requirements Checklist
Mortgage Broker License	This license is required of any sole proprietor or entity that, for compensation or gain, or in the expectation of compensation or gain, directly or indirectly accepts or offers to accept an application for a mortgage loan, solicits or offers to solicit a mortgage loan on behalf of a borrower, or negotiates or offers to negotiate the terms and conditions of a mortgage loan on behalf of a lender. (More Details)	New Application Amendment Surrender
Mortgage Lender License	This license is required of any sole proprietorship or entity that makes a mortgage loan to any person; or engages in the business of servicing mortgage loans for others or collecting or otherwise receiving mortgage loan payments directly from borrowers for distribution to any other person. (More Details)	New Application Amendment Surrender
Mortgage Dual Authority License	This license is required of any sole proprietorship or entity that engages in mortgage lending and mortgage brokering activity involving residential property in the District of Columbia. (More Details)	New Application Amendment Surrender
Branch Licenses	Description	Requirements Checklist
Mortgage Broker License (Branch)	This license is required for all offices other than the main office from which a mortgage broker licensee wishes to engage in mortgage brokering activity involving residential property in the District of Columbia. (More Details)	New Application Amendment Surrender
Mortgage Lender License (Branch)	This license is required for all offices other than the main office from which a mortgage lender licensee wishes to engage in mortgage lending activity involving residential property in the District of Columbia. (More Details)	New Application Amendment Surrender
Mortgage Dual Authority License (Branch)	This license is required for all offices other than the main office from which a mortgage dual authority licensee wishes to engage in mortgage brokering and mortgage lending activity involving residential property in the District of Columbia. (More Details)	New Application Amendment Surrender
Individual Licenses	Description	Requirements Checklist
Mortgage Loan Originator License	This license is required of any person who, on behalf of a District of Columbia mortgage lender, mortgage broker, or mortgage dual authority licensee, takes a residential mortgage application; offers or negotiates terms of a residential mortgage loan; or solicits or offers to solicit a mortgage loan on behalf of a borrower for compensation or gain. (More Details)	New Application Amendment Surrender