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The NMLS Resource Center is the official gateway into the Nationwide Mortgage Licensing System (NMLS) and provides users with tools, tips, news and updates. NMLS website is: http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx

Access the NMLS Resource Center Access the NMLS Resource Center

Wisconsin specific information can be found at :

http://mortgage.nationwidelicensingsystem.org/slr/transitions/Pages/WITransPlan.aspx and

http://mortgage.nationwidelicensingsystem.org/slr/Pages/DynamicLicenses.aspx?StateID=wi

Any NMLS system questions, questions regarding the NMLS website, or how to complete the MU forms can be answered by the NMLS call center at 240-386-4444. NMLS welcomes your call.

State Regulators Announce Launch of NMLS Consumer Access

The Nationwide Mortgage Licensing System & Registry (NMLS)—a mortgage licensing system operated by state financial regulators, including Wisconsin—launched “NMLS Consumer Access” on January 25, 2010. NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed mortgage companies, branch offices, and individuals currently licensed through NMLS.

NMLS Consumer Access website go to NMLS Consumer Access

Complaints

Important Information for Renewals

Licensing

What's New

  • Adobe PDF Document New rule effective January 1, 2010 regarding transition to license system, branch offices, mortgage broker agreements, surety bonds & tradenames (section 7 effective January 1, 2011. (PDF: 65 KB / 16 pages)
  • The following information is important and concerns all new loan originator applicants AND all loan originators or loan solicitors applying for the renewal of their license.

    The SAFE Act provides that to be eligible for a license, an individual must not have been convicted of any felony within the preceding seven years or convicted of certain types of felonies at any time prior to application.

    As of May 4, 2009, Rule DFI – Bkg 47.08(1) , Wis. Stats., states that the division shall not approve mortgage loan originator applications unless the applicant meets the requirements of s. 224.725(3)(a) and (b), Stats., as affected by 2009 Wisconsin Act 2. Section 224.725(3)(b), Wis. Stats., states that the division may issue to the applicant a mortgage loan originator license if the division finds that the applicant has not been convicted of, or pled guilty or no contest to, a felony in a domestic, foreign, or military court during the 7-year period preceding the date of the application or, for a felony involving an act of fraud, dishonesty, breach of trust, or money laundering, at any time preceding the date of the application.

  • Important Information effective for renewals on or after September 1, 2009

Other Information