![]() Please visit the main CFL web page for details. Note: Licensed real estate brokers, who are employed by other brokers or corporations, will not appear on the list of affiliated salespersons. You do not have to enter the entire name of the licensee but you must enter at least 3 letters of the licensees name to perform a search. Please visit NMLS for additional information and licensing requirements specific to the California Department of Financial Protection and Innovation.įor Companies Engaged in Non-Residential Lending or Brokering: Application and maintenance of a CFL license for companies engaging in lending or brokering that are secured by other than residential real property are managed directly by the Department. Periods and Spaces between initials do not matter. NMLS, developed through the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR), will allow companies to conveniently manage their mortgage license(s) in an electronic format through a secure website.Īpplication and maintenance of an MLO license are managed through the Nationwide Multistate Licensing System (NMLS).Īpplication and maintenance of a CRMLA license are managed through the Nationwide Multistate Licensing System (NMLS).įor Companies Engaged in Residential Lending or Brokering: Application and maintenance of a CFL license for companies engaged in residential lending or brokering are managed through the Nationwide Multistate Licensing System (NMLS). Nationwide Multistate Licensing System (NMLS) Information on MLO licensing requirements is also available in Nationwide Multistate Licensing System (NMLS). Requirements for CFLL and CRMLA Licensees who employ MLOs. ![]() The MLO must also be employed by and sponsored by a Department of Financial Protection and Innovation licensee under the CFL or CRMLA.įor more information, please visit About Mortgage Loan Originators. ![]() Dwelling includes an individual condominium unit, cooperative unit, mobile home and trailer if it is used as a residence.Īny person who provides services as a mortgage loan originator (MLO) in California under the California Finance Law (CFL) or the California Residential Mortgage Lending Act (CRMLA) must apply for and receive a mortgage loan originator license. A mortgage loan originator is an individual who, for compensation or gain, or in the expectation of compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan.Ī residential mortgage loan means any loan primarily for personal, family or household use that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling which contains 1 to 4 residential units. ![]()
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