Step 1 - Determine if an NMLS account is necessary
Go to the State Licensing page to review the state agency's licensing requirements to:
- Apply for a license
- Transition an existing license
The State Licensing Requirements page provides license descriptions and checklists for licenses managed through NMLS. The NMLS Expanded Industries page provides information on additional financial service industries that manage licenses on NMLS.
Step 2 - Complete the Company Account Request Form
You must create an NMLS account to apply for a state license, register, or transition an existing license.
Complete the Company Account Request Form. When the request is validated by the NMLS Entitlement Group, the system will create an account for the company and issue usernames and passwords to the designated Account Administrators.
Note for Sole Proprietors:
Sole proprietors are required to have two accounts, one for the company record and one for the individual record. A company account request form is required to obtain a company account.
Step 3 - Complete the Company Form
Complete the Company Form (MU1) to apply for a state license (or registration) or transition an existing license. Individual Forms for certain control people, direct and indirect owners, executive officers, branch managers, and qualifying individuals may also be required.
Review the following resources for assistance with completing the Company Form (MU1):
Optional: Complete Branch Forms
the Branch Form (MU3) to apply for a state license, registration, or transition
an existing license for a specific branch location once the company form is complete.
Review the following resources for assistance with completing the Branch Form (MU3) :
Does your company employ mortgage loan originators (MLOs)?
Review the following resources on MLO requirements and how to sponsor them if your company employs MLOs.
NOTE: All company control persons in the mortgage, money services businesses, debt, and consumer finance industries must create an individual (MU2) account.
NOTE: The information used to create an individual account must be accurate, complete and reflect information found on legal documentation. Inaccurate information may result in one or more duplicate accounts. If duplicate accounts are created, the responsible individual or company is liable for all fees associated with resolving the error.
There are common requirements that be apply to your entity. Review the resources below to determine what pertains to your company's license: