A Mortgage Loan Originator (MLO) license is needed by anyone who for compensation or gain, or in the expectation of compensation or gain, takes a residential mortgage loan application or offers or negotiates the terms of a residential mortgage.
- This page, Apply for a Mortgage Loan Originator license, is offered by
- Division of Banks
Apply for a Mortgage Loan Originator license
Contacts
Division of Banks
Phone
Open Monday through Friday 9:00 am - 4:00 pm.
Open Monday through Friday 9:00 am - 4:00 pm.
Open Monday through Friday 9:00 am - 4:00 pm. Use this number if you are hearing impaired.
Online
Contact us
Contact detail by unit or inquiry
Press Contact (Media Inquiries Only)
Email Division of Banks at ocabr.communications@mass.gov
The Details of Apply for a Mortgage Loan Originator license
What you need for Apply for a Mortgage Loan Originator license
Before submitting an application for a MLO license, you must complete 20 hours of NMLS approved pre-license education courses, which must include 3 hours of Massachusetts content.
You must also achieve a passing score the National Test with Uniform State Content
To confirm your test results have been posted and indicate a passing result you may visit the View Testing Information Quick Guide.
If you already have a record in NMLS, applying for a Massachusetts MLO license will involve filing an individual NMLS record (form MU4) with Massachusetts. If you were once licensed or registered as an individual in another state participating in NMLS you already have a record in NMLS. Submit the form through NMLS and mail any supporting required documents to the Division of Banks (DOB).
If you do not currently have a record in the NMLS, getting started is easy. The NMLS website will walk you through all the steps.
Fees for Apply for a Mortgage Loan Originator license
| Name | Fee | Unit |
|---|---|---|
| NMLS Initial Processing Fee | $30 | per license |
| MA License Fee | $500 | per license |
| MA Investigation Fee | $115 | per license |
| Credit Report Fee | $15 | per license |
| FBI Criminal Background Check Fee | $36.25 | per license |
How to apply Apply for a Mortgage Loan Originator license
All MLO license applications are submitted online using the NMLS with any supporting documents being mailed to the Division.
If you are associated with a company, it is important that you check in with your company before creating or completing a record in the NMLS.
Mail documents to the Division of Banks:
Massachusetts Division of Banks
Loan Originator Licensing
1000 Washington Street, 10th Floor
Boston, MA 02118
Contact for Apply for a Mortgage Loan Originator license
Address
Phone
Open Monday through Friday 9:00 am - 4:00 pm.
Open Monday through Friday 9:00 am - 4:00 pm.
Open Monday through Friday 9:00 am - 4:00 pm. Use this number if you are hearing impaired.
Online
Contact us
Contact detail by unit or inquiry
Press Contact (Media Inquiries Only)
Email Division of Banks at ocabr.communications@mass.gov
Fax
(617) 956-1599