Login to NMLS
   
Skip Navigation Links
State Licensing Requirements
Common Requirements
Annual Renewal
Policy
Financial Statements
Professional Standards
Mortgage Call Report
Uniform Authorized Agent/Delegate Reporting
Advance Change Notice
Resources & Support
Quick Guides - Company
Quick Guides - Individual
Navigation Guides
Report Samples
NMLS Expanded Industries
NMLS Call Center Information
NMLS Expanded Industries

 State Licensing Requirements 

 
Company Licenses Description Requirements Checklist
Mortgage Broker License This license is required for an entity conducting loan originator activities through one or more licensed loan originators employed by the mortgage broker or as independent contractors to the mortgage broker. (More Details)
Mortgage Lender License This license is required for an entity making a mortgage loan for compensation or gain, directly or indirectly, or selling or offering to sell a mortgage loan to a non-institutional investor. Making a mortgage loan means closing a mortgage loan in a person's name, advancing funds, offering to advance funds, or making a commitment to advance funds to an applicant for a mortgage loan. (More Details)
Mortgage Lender Servicer License This licensing endorsement is required for any mortgage lender licensee who services a mortgage loan. “Servicing a mortgage loan” means to receive, cause to be received, or transferred for another, installment payments of principal, interest, or other payments pursuant to a mortgage loan. A "servicing endorsement" means authorizing a mortgage lender to service a loan for more than 4 months. A mortgage lender servicer may also conduct those activities described under Mortgage Lender without the need for two separate licenses. (More Details)
Branch Licenses Description Requirements Checklist
Mortgage Broker Branch License This license is required for mortgage broker licensees who conduct business at locations other than their principal place of business: (a) The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; (b) At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are originated or negotiated. (c) At which mortgage loans are originated or negotiated by a licensee. (More Details)
Mortgage Lender Branch License This license is required for mortgage lender licensees who conduct business at locations other than their principal place of business: (a) The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; (b) At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are originated, negotiated, or funded; (c) At which mortgage loans are originated, negotiated, or funded by a licensee. (More Details)
Mortgage Lender Servicer Branch License This license is required for mortgage lender servicer licensees who conduct business at locations other than their principal place of business: (a) The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; (b) At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are serviced; or (c) At which mortgage loans are serviced by a licensee. (More Details)
Individual Licenses Description Requirements Checklist
Mortgage Loan Originator License This license is required for an individual who, directly or indirectly, solicits or offers to solicit a mortgage loan, accepts or offers to accept an application for a mortgage loan, negotiates or offers to negotiate the terms or conditions of a new or existing mortgage loan on behalf of a borrower or lender, processes a mortgage loan application, or negotiates or offers to negotiate the sale of an existing mortgage loan to a noninstitutional investor for compensation or gain. The term includes the activities of a loan originator as defined by the federal S.A.F.E. Act. (More Details)
 

©2014 SRR LLC       Terms of Use  |  Privacy Policy  |  SRR Home