Requirements for Registered Mortgage Loan Originators
Transition to Louisiana Licensed Mortgage Loan Originators


The following is a synopsis of the procedures required of registered mortgage loan originators (bank employee originators) to become Louisiana licensed mortgage loan originators.

Testing and Education:

Prior to applying for a license a registered mortgage loan originator must complete 20 hours of pre-licensing education and obtain a passing grade on a national test with a uniform state test component.  For more information of the specific requirements including cost and how to enroll click the following: http://mortgage.nationwidelicensingsystem.org/profreq/testing/Pages/default.aspx

Criminal Background Check:

A criminal background check must be authorized and fingerprints submitted in conjunction with an application.  For more information on fingerprints submission and the criminal background check click on the following link: http://mortgage.nationwidelicensingsystem.org/profreq/background/Pages/default.aspx

Credit Report:

Every state licensed mortgage loan originator must complete the credit report authorization through the NMLS. See the following link for more information: http://mortgage.nationwidelicensingsystem.org/profreq/credit/Pages/default.aspx

Submission of an MU4 application:

For information on how to file the application click on the following link: http://mortgage.nationwidelicensingsystem.org/slr/resources/Pages/GettingStartedStateMLO.aspx