State Licensing Requirements

Nebraska

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: Nebraska Department of Banking and Finance

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 Banker License	This license is required for all companies or sole proprietorships that conduct mortgage lending, mortgage brokering, or mortgage servicing activities. (More Details)	New Application Amendment Surrender
Mortgage Banker Registration	This Registration is required of any person who makes a residential mortgage loan secured by a dwelling located in Nebraska, who is exempt from licensure pursuant to Section 45-703, but who employs or enters into an independent agent agreement with an individual who is required to obtain a mortgage loan originators license. (More Details)	New Application
Installment Loan Company License	This license is required of any person that makes loans to Nebraska residents with an interest rate in excess of 16% per annum but no greater than 24% per annum. All licensees must have a physical location in Nebraska and a branch license application must be submitted for each location at which you conduct business in this state. (More Details)	New Application
Branch Licenses	Description	Requirements Checklist
Mortgage Branch License	This license is required for all offices, other than the main office identified on the Mortgage Banker License, whether located in Nebraska or not, which conducts business with Nebraska residents. (More Details)	New Application Amendment Surrender
Mortgage Banker Branch Registration	This branch registration is required of companies holding a Mortgage Banker Registration to register all branches conducting mortgage banking business involving dwellings located in Nebraska, regardless of the physical location of such branch office. (More Details)	New Application
Installment Loan Branch License	This license is required of each location in Nebraska at which an installment loan company conducts business. All locations conducting business under an Installment Loan License must be located in the state of Nebraska and must have at least one branch license. (More Details)	New Application
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 (i) takes a residential mortgage loan application or (ii) offers or negotiates terms of a residential mortgage loan. (More Details)	New Application Amendment Surrender