Completing a Criminal Background Check (CBC) request.

Completing 20 hours of pre-license education (PLE).

Keep your user ID and password in a secure place but not so secure you forget it! Step 8: Application Review ProcessĪpplications will not be approved until all of the pre-requisites have been met: You will need to access the NMLS whenever you change companies and at least once a year to update your record. Simple instructions on this procedure can be found here: Loan Originator Form MU4 Filing Quick Guide (Adobe PDF format).īack to top Step 7: Save Your User ID and Password If you are completing your first Form MU4, you should login to NMLS, identify the jurisdictions in which you are or would like to be licensed, complete Form MU4, pay any associated fees and submit it to the relevant regulator(s). Simple instructions on this procedure can be found on the Attestation Quick Guide (Adobe PDF format). When you receive notice, you will now need to login to NMLS, review your Form MU4, and attest to its accuracy. If your company is creating your first Form MU4, you should wait for notification it has been created. Step 6: Log in and Complete or Review Your Record You can print out a checklist of jurisdiction-specific requirements by going to the State Licensing Resource Page. Review the jurisdiction-specific requirements for South Dakota. Step 5: South Dakota Specific Requirements From the NMLS home page, select “Create an Individual Account.” The Quick Guide: Creating an Individual Account (Adobe PDF format) will help walk you through setting up your account.

Navigation Guides - Topical guides with screen shots to help walk users through the system.īefore logging into NMLS you will need to create an account.

Form MU4 - Review a printable version to see what information will need to be gathered.

Quick Guides - Quick and handy 'how to' guides for key tasks.

The following resources will help you to prepare to use the NMLS: If your company is creating your first Form MU4, you should STOP here and wait for notification from your company. The entity who creates the first Form MU4 will be the entity required to pay when it is submitted to the regulator(s). Step 2: Determine Whether You or Your Company will Create and Submit Your Record in NMLSĮither you or your company can complete your first Form MU4 in NMLS.

The Nationwide Multistate Licensing System (NMLS) is an official system of record, so it is important you coordinate your use of this system with your employer. Banking Information for Banking Professionalsīanking Mortgage Loan Originator License - Application Process Step 1: Speak with Your Company.

Mu4 application