Division of Banks Licenses

The Division of Banks (DOB) licenses non-deposit companies and individuals. Learn more about the licensing process and eligibility requirements.

The DOB licenses or registers mortgage companies, mortgage loan originators, consumer finance companies, debt collectors, check cashers, and money transmitters doing business in Massachusetts. Paper applications are no longer accepted by the DOB. All license management and application is done through the Nationwide Multi-State Licensing System (NMLS).

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