What happens if my NMLS license expires?

If you miss the December 31 renewal deadline, your license may become inactive or terminated, depending on your state agency's policies. Participating states accept late renewals during the NMLS reinstatement period, January 1 through the last day of February, often with added late fees. If reinstatement is unavailable or missed, the license remains terminated and you must reapply as a new applicant, completing Late CE for the last year you held the license. If you are unlicensed for three or more years, you may need to retake the 20 hours of pre-licensing education.

If you miss the December 31 renewal deadline, your license may become inactive or terminated, depending on the state agency's policies. A reinstatement period from January 1 through the end of February may be available, with additional fees. If reinstatement is not allowed or not completed in time, the license remains terminated and you must reapply as a new applicant.

An expired MLO license or endorsement can be reinstated through NMLS between January 1 and the end of February, the reinstatement period that follows the November 1 through December 31 renewal window. After the end of February, the status becomes "Terminated-Expired" and cannot be renewed; you must submit a new application with new fingerprints, a new credit report authorization, and continuing education. NMLS also removes sponsorships automatically on January 1 when no renewal request was filed by December 31.

If you do not meet Florida's renewal requirements by December 31, your license status changes to "failed to renew" pending review, and you can still renew before March 1 by paying a nonrefundable $150 reinstatement fee in addition to normal renewal and registry fees. If you have not met all requirements and paid all fees before March 1, the license expires and you must apply for a new loan originator license.

A Hawaii MLO license that expires for failing to meet renewal standards can be reinstated only if you apply between January 1 and February 28 of the following year. During that window you must complete the continuing education required for the year the license expired and pay all applicable licensing, reinstatement, and late fees; courses counted toward the prior year cannot also count for the current year. If you miss the window, you must apply for a new license and meet the requirements in effect at that time.

You can reinstate an expired Iowa mortgage loan originator license if you submit the reinstatement application between January 1 and February 28 of the year after expiration, complete all continuing education and other renewal requirements for the expired year, and pay a $50 reinstatement fee in addition to the renewal fee and any late charges. If you miss that window, you must apply for a new license under the requirements in effect at that time.

A Kansas loan originator registration expires on December 31 each year. You can reinstate an expired registration through the last day of February by filing a reinstatement application and paying the $50 reinstatement fee plus any late fees. After February, any application is treated as a new application subject to all original fee and reporting requirements, and you must complete all delinquent continuing education before receiving a new certificate of registration.

A New Hampshire MLO who misses the December 31 renewal deadline has a lapsed license and cannot originate loans. NMLS offers a Reinstatement Period each January and February, during which the license may be reinstated. Note that a course provider can take up to 7 days to report completion into NMLS, so finish continuing education well before the deadline.

A New Mexico mortgage loan originator license expires on December 31 of each year. If you miss the renewal deadline, you may reinstate the license between January 1 and February 28 of the following year by completing the continuing education and other renewal minimums for the expired year and paying the applicable licensing, reinstatement, and late fees. After February 28, you must apply for a new license and meet the requirements then in effect.

A New York MLO license expires each December 31 and must be renewed annually through NMLS, which opens its renewal window on November 1. If you miss the deadline, NMLS offers a reinstatement period in January and February, and Banking Law 599-i reinstates a license terminated for late fee payment if the fee is paid within 60 days of its due date. If you failed the continuing education, background check, or credit report requirements, however, the license moves to Terminated-Expired status and you must file a new application.