Mortgage Loan Originator

Description:

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.

Licensing Requirements:

Persons seeking to be licensed in New York State as a Mortgage Loan Originator must apply to the NYS Department of Financial Services.

Licenses Issued and Active:

In 2020 there were 9,125 licenses issued for this occupation.
As of 5/12/21, there were 8,146 active licenses for this occupation.

Licensing Authority:

NYS Department of Financial Services
Applications and Licensing
One Commerce Plaza
Albany, New York 12257

Standard Occupational Classification:

13-2072.00 - Loan Officers

To learn more about this occupation search the Occupational Information Network (O*Net).

Disclaimer:

Fees stated and other information contained in this report are subject to change. Please contact the licensing authority listed above for the most current information.

This page was last updated on 5/21/21.