Who is required to get a mortgage loan originator license?
A state loan originator license is required for any individual who, in a commercial context and repeatedly, takes residential mortgage loan applications and offers or negotiates loan terms for compensation. Employees of covered financial institutions, such as banks and credit unions, register federally instead. Exemptions include real estate brokers performing only brokerage activity (unless compensated by a lender, broker, or originator), purely clerical staff, and supervised loan processors and underwriters who do not offer or negotiate terms.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Alabama, you are required to obtain a Alabama Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Alaska, you are required to obtain a Alaska Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Arizona, you are required to obtain a Arizona Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Arkansas, you are required to obtain a Arkansas Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of California, you are required to obtain a California Mortgage Loan Origination (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Colorado, you are required to obtain a Colorado Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Connecticut, you are required to obtain a Connecticut Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are required to obtain the Connecticut Loan Processor-Underwriter License, which has the same requirements as the MLO license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Delaware, you are required to obtain a Delaware Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
DC requires an MLO license for any individual who, for compensation or gain, takes a residential mortgage loan application, offers or negotiates terms of a residential mortgage loan, or solicits a mortgage loan on behalf of a borrower (D.C. Code § 26-1103). Independent contractor loan processors and underwriters must also be licensed. Employees of banks and credit unions register in NMLS instead of obtaining a state license.
Sources: NMLS: District of Columbia State-Specific Education Requirements (PE and CE) for MLOs; D.C. Code § 26-1103: License Requirements.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Florida, you are required to obtain a Florida Mortgage Loan Origination (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Georgia, you are required to obtain a Georgia Mortgage Loan Origination (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Hawaii, you are required to obtain a Hawaii Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Idaho, you are required to obtain a Idaho Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Illinois, you are required to obtain a Illinois Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Indiana, you are required to obtain a Indiana Mortgage Loan Originator license or a Indiana Mortgage Broker Loan Originator license (MLO). Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Iowa, you are required to obtain a Iowa Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Kansas, you are required to obtain a Kansas Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Kentucky, you are required to obtain a Kentucky Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Louisiana, you are required to obtain a Louisiana Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Maine, you are required to obtain a Maine Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Maryland, you are required to obtain a Maryland Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Massachusetts, you are required to obtain a Massachusetts Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Michigan, you are required to obtain a Michigan Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Minnesota, you are required to obtain a Minnesota Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Mississippi, you are required to obtain a Mississippi Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Missouri, you are required to obtain a Missouri Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Montana, you are required to obtain a Montana Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Nebraska, you are required to obtain a Nebraska Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Nevada, you are required to obtain a Nevada MLO license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of New Hampshire, you are required to obtain a New Hampshire Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of New Jersey, you are required to obtain a New Jersey Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of New Mexico, you are required to obtain a New Mexico Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of New York, you are required to obtain a New York Mortgage Loan Origination (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of North Carolina, you are required to obtain a North Carolina Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of North Dakota, you are required to obtain a North Dakota Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Ohio, you are required to obtain a Ohio Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Oklahoma, you are required to obtain a Oklahoma Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Oregon, you are required to obtain a Oregon Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Pennsylvania, you are required to obtain a Pennsylvania Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Rhode Island, you are required to obtain a Rhode Island Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of South Carolina, you are required to obtain a South Carolina Mortgage Loan Originator license or a South Carolina Mortgage Broker Loan Originator license (MLO). Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of South Dakota, you are required to obtain a South Dakota Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Tennessee, you are required to obtain a Tennessee Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Texas, you are required to obtain a Texas Mortgage Loan Origination (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
Two Utah agencies license loan originators, and the required license depends on the activity. The Division of Real Estate requires a license for anyone who, for compensation, solicits or originates residential closed-end mortgage loans secured by a first lien on a one-to-four-unit dwelling. The Department of Financial Institutions requires its license for individuals who service closed-end first mortgage loans, or originate or service open-end or subordinate-lien mortgages. Individuals engaged solely as loan processors or underwriters are exempt.
Sources: Utah Admin. Code R162-2c-201: Licensing and Registration Procedures (LII mirror); Utah Admin. Code R162-2c-204: License Renewal, Reinstatement, and Reapplication (LII mirror).
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Vermont, you are required to obtain a Vermont Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Virginia, you are required to obtain a Virginia Mortgage Loan Origination (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Washington DC, you are required to obtain a Washington DC Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Wisconsin, you are required to obtain a Wisconsin Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.
If you act as a mortgage loan originator for pay or other compensation on behalf of a non-depository lender offering residential mortgage loans secured by real estate located in the state of Wyoming, you are required to obtain a Wyoming Mortgage Loan Originator (MLO) license. Acting as a mortgage loan originator means taking residential mortgage loan applications and/or negotiating the terms of residential mortgage loans.
Independent Contractor mortgage loan processors and mortgage loan underwriters are also required to obtain this license.