Michigan Mortgage Loan Originator License Page 2
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3NMLS Individual Unique ID Number: _______________________________
Applicant’s legal name:
______________________________________
Applicant’s email address:
______________________________________
Applicant’s phone number:
______________________________________
FILED
NOT
MICHIGAN MORTGAGE LOAN ORIGINATOR LICENSE
IN
ATTACHED
APPLICABLE
NMLS
Pre-licensure Education: Complete 20 hours of NMLS approved pre-
licensure education courses, which shall include 2 hours of Michigan
N/A
N/A
specific law – NMLS must indicate you are compliant with this requirement.
Testing: Must satisfy one of the following three conditions:
1.) Passing score on both the National and Michigan State components of
the SAFE Test, or
2.) passing score on both the National and Stand-alone UST components of
the SAFE Test, or
N/A
N/A
3.) passing score on the National Test Component with Uniform State
Content
– NMLS must indicate you are compliant with this requirement.
Criminal Background Check: Authorization for FBI criminal history
background check to be completed in NMLS.
Obtain fingerprints immediately upon request for licensure so that
results can be received and reviewed by our office.
N/A
If known felony convictions, a detailed explanation will be required to
be mailed directly to the department with supporting court
documentation.
Credit Report: Authorization for a credit report must be completed in
NMLS. Individuals will be required to complete an Identity Verification
Process (IDV).
If known outstanding derogatory credit items exist (past dues,
collections, judgments, liens, etc.), provide the department with a
N/A
detailed explanation along with supporting documentation (i.e.
evidence of paid in full or settlement, approved payment plan along
with proof of payments made, disputes filed with credit reporting
agency(ies).
Disclosure Questions: Include a detailed explanation for any “Yes”
response. Upload a copy of any applicable orders or supporting documents
in NMLS (i.e. bankruptcy discharge, Regulatory Action orders)
N/A
See the
Individual Disclosure Explanations Quick Guide
and the
Disclosure
Explanations - Document Upload Quick Guide
for instructions.
Updated: 3/31/2016
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