Login to NMLS
   
Skip Navigation Links
State Licensing Requirements
Common Requirements
Annual Renewal
Policy
Electronic Surety Bond
Financial Statements
Professional Standards
Mortgage Call Report
Uniform Authorized Agent Reporting
Advance Change Notice
Money Services Businesses Call Report
Resources & Support
Quick Guides - Company
Quick Guides - Individual
Report Samples
NMLS Expanded Industries
NMLS Call Center Information
Account Administration
Policy/Help Documents
NMLS Expanded Industries

 State Licensing Requirements 

 
Company Licenses Description Requirements Checklist
Closing Agent License Any person (person means a natural person, an association, joint venture or joint stock company, partnership, limited partnership, business corporation, nonprofit corporation, or any other group of individuals however organized) who is not a party to the real estate transaction (lender, seller, purchaser, or borrower) who provides real estate closing services. (More Details)
Debt Management License This license is required to offer debt management services. Debt Management is defined to include engaging in debt management or debt settlement. (More Details)
Delayed Deposit Services Business Registration This registration is required of any company or sole proprietorship to make delayed deposit loans in Iowa. A branch license is required to conduct this activity. (More Details)
Exempt Company Registration This registration is available for any company that employs state-licensed mortgage loan originators but is not required to be licensed under the laws of Iowa. This registration is optional and is intended for companies that wish to manage their mortgage loan originator in NMLS. Please consult the state regulator before applying for this registration. (More Details)
Master Loan Company Registration This registration is required of any company or sole proprietorship to make or service “supervised loans” to Iowa residents. A branch license is required to conduct this activity. (More Details)
Money Services License This license is required to offer Money Services. Money Services is defined to include money transmission or currency exchange. (More Details)
Mortgage Banker License This license is required of any company (including a sole proprietorship) that in a calendar year makes, originates, or services at least four mortgage loans secured by owner-occupied residential real property located in Iowa. (More Details)
Mortgage Banker Registrant This registration is required of any company (including a sole proprietorship) that would otherwise be required to obtain a mortgage banker license but that is specifically exempt pursuant to section 535B.2, subsection 4. (More Details)
Mortgage Broker License This license is required of any company (including a sole proprietorship) that in a calendar year arranges or negotiates, or attempts to arrange or negotiate, at least four mortgage loans or commitments for four or more such loans secured by owner-occupied residential real property located in Iowa. (More Details)
Nonprofit Mortgage Banker Registrant This registration is required of any nonprofit organization qualifying for tax-exempt status under section 422.3 of the Internal Revenue Code that offers housing services to low and moderate income families that would otherwise be required to obtain a mortgage banker license but that is specifically exempt pursuant to section 535B.2, subsection 8. (More Details)
Branch Licenses Description Requirements Checklist
Delayed Deposit Services Business Branch License This License is required for each fixed physical location representing a Delayed Deposit Services Business. (More Details)
Industrial Loan Company Branch License This License is required for each fixed physical location representing an Industrial Loan Company. (More Details)
Mortgage Branch Registration Each mortgage banker or mortgage broker licensee, applicant, or registrant is required to register each office, other than the main office identified in the application, whether located in Iowa or not, that is or will be conducting business with Iowa residents. (More Details)
Nonresident Industrial Loan Company Branch License If all locations of a specific entity are outside Iowa, nonresident license is available. (More Details)
Nonresident Regulated Loan Company Branch License If all locations of a specific entity are outside Iowa, nonresident license is available. (More Details)
Regulated Loan Company Branch License This License is required for each fixed physical location representing a Regulated Loan Company. (More Details)
Individual Licenses Description Requirements Checklist
Mortgage Loan Originator License This license is required of any individual who for compensation or gain or in the expectation of compensation or gain takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application. (More Details)
 

©2017 SRR LLC       Terms of Use  |  Privacy Policy  |  SRR Home