Would you like to make sure that your mortgage professional is properly licensed?
Would you want to know that your professional has a long and stable employment history (no job-hoppers, please) in the residential mortgage business? Of course you would. Your home financing decisions are too important to be left to chance.
All Mortgage Loan Originators ( MLOs) are required to be registered with the National Mortgage Licensing System ( NMLS).
There are two types of registrations, Federal and State. Employees of banks must only comply with the registration process.
State-licensed MLOs must be licensed in each state to originate loans. Each MLO must complete annual continuing education and license renewals to maintain those licenses.
If you want to check us out, you can visit http://www.nmlsconsumeraccess.org.