All Mortgage Loan
Originators, as defined in W.S. 40-23-102(a)(xxvii), engaged
in the business of a mortgage loan originator for any
dwelling located in Wyoming must be licensed individually by
the Wyoming Division of Banking.
License applications are processed through the NMLS.
In order to obtain a
license, applicants must:
1.
Complete an Individual form through the NMLS website.
2.
Provide certification that 20 hours of pre-licensure
education courses has been completed.
3.
Obtain a passing grade on a SAFE mortgage test, both
national and state components
4.
Provide fingerprints for an FBI criminal history
background check through the NMLS.
5.
Authorize a credit report.
6.
Be sponsored by the company employing or contracting
with them. The company must also obtain its own unique
identifying number through the NMLS.
The license fee is $150 and
includes the NMLS processing fee.
Please direct your loan
originators to the NMLS website:
http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx
Information is available
under Professional Requirements for:
·
Pre-licensure
education courses:
http://mortgage.nationwidelicensingsystem.org/profreq/education/Pages/default.aspx
·
Testing:
http://mortgage.nationwidelicensingsystem.org/profreq/testing/Pages/default.aspx
·
Fingerprinting:
http://mortgage.nationwidelicensingsystem.org/profreq/background/Pages/default.aspx
·
Credit report
authorization:
http://mortgage.nationwidelicensingsystem.org/profreq/credit/Pages/default.aspx
NMLS
navigation training is available under New & Events>Workshops & Events
Please
direct your questions regarding system navigation to:
The NMLS Call Center (240) 386-4444
Please direct your questions
regarding Professional Requirements or licensing
requirements to: 307-777-6483 or michelle.hickman@wyo.gov
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