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
Check Casher License This license is required of any company (including sole proprietorship) that, for compensation, engages in whole or in part, in the business of cashing checks, drafts, money orders, or other commercial paper serving the same purpose (More Details)
Check Casher with Small Loan Endorsement This license is required of any company (including sole proprietorship) engaged in the business of making small loans as specified in RCW 31.45.073 (More Details)
Consumer Loan Company License This License is required of any company (including sole proprietorship) engaged in the business of making secured or unsecured loans of money, credit, or things in action, to Washington residents. (More Details)
Currency Exchanger License This license is required of any company (including sole proprietorship) engaged in the business of exchanging the money of one government for money of another government or holding oneself out as able to exchange the money of one government for money of another government. (More Details)
Exempt Consumer Loan Registration This registration is available for any company that employs state-licensed mortgage loan originators but is not required to be licensed under the Washington Consumer Loan Act. 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)
Exempt Mortgage Broker Registration (Voluntary) Companies that fit the definition of “mortgage broker,” but may claim statutory exemption as a subsidiary or affiliate of a depository institution, such as a Credit Union Service Organization (CUSO). (More Details)
Money Transmitter License This license is required of any company (including sole proprietorship) engaged in the business of receiving money or its equivalent value to transmit, deliver, or instruct to be delivered to another location inside or outside the United States; or selling, issuing or acting as an intermediary for open loop stored value devices and payment instruments, or any independent entity that holds or administers a dedicated bank account for fees and payments to creditors, debt collectors, debt adjusters, or debt adjusting agencies in connection with the renegotiation, settlement, reduction, or other alteration of the terms of payment or other terms of a debt. (More Details)
Mortgage Broker License This License is required for of any company (including sole proprietorship) that for compensation or gain, or in the expectation of compensation or gain: (a) assists a person in obtaining or applying to obtain a residential mortgage loan or (b) holds itself out as being able to assist a person in obtaining or applying to obtain a residential mortgage loan. (More Details)
Branch Licenses Description Requirements Checklist
Check Casher Branch License This License is required for each location where a licensee engages in the business of cashing checks or drafts.
Check Casher with Small Loan Endorsement Branch License This License is required for each location where a licensee engages in the business of making small loans.
Consumer Loan Branch Office License This License is required for each fixed physical location representing a licensed Consumer Loan Company. (More Details)
Mortgage Broker License (Branch) This License is required for each fixed physical location representing a licensed Mortgage Broker company offering to originate mortgage loans for Washington residents or secured by Washington property. (More Details)
Individual Licenses Description Requirements Checklist
Designated Broker Registration This registration is required for the individual at the licensed Mortgage Broker who is responsible for ensuring the company and its staff are in compliance with applicable state and federal requirements. This registration does NOT authorize the person to originate. (More Details)
Mortgage Loan Originator License This License is required for: • Individuals originating loans for licensed Mortgage Brokers and Consumer Loan Companies • Independent contractor processors representing licensed or exempt Mortgage Brokers and Consumer Loan Companies • Individuals originating loans for a Credit Union Service Organizations (CUSOs) (More Details)
 

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