Choosing Do Not Renew for Your License

If you do not intend to renew a particular license during the annual renewal period, you must select the Do Not Renew option in NMLS to notify the relevant agency.

About this task

If you do not intend to renew a license, you must inform your regulator by following the Do Not Renew Workflow. Also, depending on a regulator’s rules or statutes, choosing to not renew a license may require additional information be sent outside of the system. Some regulators may also consider this a “surrender.” For additional information users can view the surrender checklists in the State Licensing Checklist Compiler. You may reverse this selection before the renewal period ends if your plans change.

Procedure

  1. Navigate to the NMLS Login page (State Context).
  2. Log in to your NMLS account.
  3. Navigate to the Renewals Tab page in NMLS Classic:
    • Select Renewal Home in the Quick Links section.
    • Select the Renew link next to the relevant license in the My Licenses section.
      Renew Link in the My Licenses Section
    The Renewals Tab in NMLS Classic is displayed.
  4. Click the Do Not Renew button.
  5. Select the licenses you do not wish to renew.
  6. Click the Apply button.