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Mortgage Loan Originator License
License Description Minnesota Department of Commerce Review: Mortgage Mortgage Originator Apply Minnesota uses the Nationwide Multistate Licensing System (NMLS). Company/business entities applying for the Mortgage Originator (MO) License are required to use NMLS Read Minn. Stat. Chapter 58 before applying for a Mortgage Originator (MO) license. Unlicensed activity may result in administrative action. Renewal Mortgage loan originator licenses licenses expire on December 31 of each year and are renewable on January 1 of each year after that date. The renewal fee is $500. Renewal is done through NMLS Reapply If a license was not renewed, has lapsed, or was surrendered and you would like the license activated,follow the instructions at NMLS and reapply for the license. Out-of-state  An out-of-state mortgage company does not need to physical presence in Minnesota; however, registration as a foreign corporation with the Office of the Minnesota Secretary of State may be required.  See the Office of the Minnesota Secretary of State, Business & Liens None
Licensing Agency
Minnesota Department of Commerce
Licensing Unit
85 7th Place East, Suite 600
St. Paul, MN 55101-3165
(651) 296 6319
licensing@state.mn.us
Active Status Active
License Type Register with licensing agency
License Updated 05/30/2024

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