State Licensing Requirements

Louisiana

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: Louisiana Office of Financial Institutions

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
Residential Mortgage Lending License	This License is required of any company, LLC or sole proprietorship, regardless of location, who directly or indirectly, for compensation or the expectation of compensation engages in “Residential Mortgage Lending Activity” as a mortgage broker or mortgage lender. It also included mortgage lenders that only engage in funding loans originated by licensed mortgage brokers and originators commonly referred to as a “Wholesale Lender.” The wholesale lender has no originators and does not engage in retail originations. (More Details)	New Application
Branch Licenses	Description	Requirements Checklist
Mortgage Branch Registration	This License is required for all additional branch offices other than the Main office location listed on line 1.E. of the MU1. (More Details)	New Application
Individual Licenses	Description	Requirements Checklist
Mortgage Loan Originator License	This License is required of any natural person who is an employee of a mortgage broker, mortgage lender, who is not acting as a mortgage broker or as a mortgage lender, who interviews the consumer in connection with the consumer's application for a residential mortgage loan. (More Details)	New Application