Louisiana Mortgage Loan Originator License (Page 2 of 4) in pdf

30 days. You will also pay an additional $36.25 if you authorize a criminal background check at time of

application.

6. All fees collected through the NMLS ARE NOT REFUNDABLE.

7. The regulator will review the individual’s filing and all required documents. All notifications will be via

E-mail through the NMLS and communication will be via E-mail through OFI. Make sure the

email address is correct.

8. Jurisdiction-specific requirements as identified on the checklist below must be received with this

checklist within 5 business days of the electronic submission of your application through the NMLS at

the following:

For U.S. Postal Service:

For Overnight Delivery:

Louisiana Office of Financial Institutions

Non-depository Division

Residential Mortgage Lending

P.O. Box 94095

8660 United Plaza Blvd, 2

Floor

Baton Rouge, LA 70804-9095

Baton Rouge, LA 70809

NMLS Unique ID Number:

________________

Applicant Legal Name:

______________________________________

FILED IN

NOT

ATTACHED

ITEM

NMLS

APPLICABLE



N/A

EDUCATION REQUIREMENT. LSA-R.S.6:1094(A)(1) of the Louisiana

S.A.F.E. Residential Mortgage Lending Act requires that all new originator,

processor, and underwriter applicants complete 20 hours of education

approved by the NMLS, including the following minimum requirements: 3

hours of federal law, 3 hours of ethics, 2 hours of training related to lending

standards for the non-traditional mortgage marketplace; The balance of the

education hours may be selected at the originator’s discretion from NMLS

approved courses.



N/A

TESTING REQUIREMENT. Originators, processors, and underwriters applying

for a mortgage loan originator license must complete one of the following three

conditions:

1.) Passing score on both the National and Louisiana State components of the

SAFE Test, or

2.) Passing score on both the National and Stand-alone Uniform State Test

components of the SAFE Test (“UST”), or

3.) Passing score on the National Test Component with UST Content –

NMLS must indicate you are compliant with this requirement.



N/A

FINGERPRINTS. Submitted through NMLS refer to Professional Standards

section of NMLS Resource Center.



N/A

DISCLOSURE QUESTIONS. Provide complete details of all events or

proceedings for any “Yes” answer to any of the Disclosure questions in the

Disclosure Explanations section of the Individual (MU4) Form in NMLS.



N/A

SURETY BOND OR DEPOSIT REQUIREMENT (ONLY REQUIRED IF

COMPANY DOES NOT SUBMIT EMPLOYER AFFIDAVIT). Pursuant to the

Updated: 08/4/2015

Page 2 of 4

Louisiana Mortgage Loan Originator License Page 2

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