License: Mortgage Loan Originator

An individual employed by a federal or state banking institution, a licensed mortgage banker or a registered mortgage broker to take a residential mortgage loan application or negotiate the terms of a residential mortgage loan application for 1-4 family residential property located in in New York.

  • Stand-alone license
  • State exam required
  • Specific course required
  • Continuing education required
  • Experience required
  • Felony convictions prohibited
License information updated 05/21/2021