The information requested will be available at the bottom of the screen. Do keep in mind that the site is not fully updated and the frequency it is updated may be determined by the backlog of agencies reporting in a timely manner. To look up an individual or a business, complete the information below and click Search. You may also contact us at (866) 275-2677 for assistance. How do you know if the Loan Officer is licensed? You can go to The NMLS Consumer Access Website located at and learn more. Licensee and Financial Service Provider Search Please use the links below to navigate and search different options or industries. These figures do not represent the number of applicants that have failed the state and national requirements. This means a backlog of license applications that will take some governmental departments up to 2-4 months to review, process and approve or reject license applications.
This now allows professionals and consumers alike the ability to verify license status and check whether or not the Loan Originator has anything that would prevent the consumer from working with that person.Īs a real estate professional, you want to ensure that, if, you are currently working with a Loan Officer, that they be licensed accordingly and are able to complete your clients' loans. More interestingly, up to 60-70% of Loan Officers filed 3 weeks prior to the deadline. Videos you watch may be added to the TVs. If playback doesnt begin shortly, try restarting your device. They are prohibited from advertising, sending emails, and any form of communication that conveys that they are a Loan Officer. If you were working on your license renewal, all the information that you entered into the system, up until the last web page you were on before being disconnected, has been saved and will be displayed when you start your application again. This means that any "Former" Loan Originator who is not licensed, is unable to discuss any financial matters with a potential client nor take a loan application. Therefore, in order to satisfy the requirements for the states you have selected, complete the courses shown in the smart search results below. You may or may not know but the Federal requirement to become licensed under the NMLS (The Nationwide Mortgage Licensing System) expired July 1, 2010. Are you currently a licensed Mortgage Loan Officer in at least one state If you already have an NMLS license, your initial 20+ hour educational requirements have already been met. Do you know your Loan Officer? I mean do you really know your Loan Officer? Has he/ she have any pending litigation? Have committed fraud or have scammed anyone? Better or worse, are they licensed?