| Annual Renewal: MLO authorizations expire on December 31 each year and must be renewed annually. A renewal reminder and directions for renewing through the NMLS system will be e-mailed to all MLOs at least 60 days prior to the expiration date. Applications can take up to ten (10) business days from the time of receipt for the Division to process. New mortgage loan originator applications are dependent upon receipt of fingerprint background information and may take significantly longer. Allow ten (10) business days and check online for your application status prior to contacting the Division. All online application forms can be accessed by selecting “Online Services” from the upper right hand corner of your browser window after logging into your E-license account. Resources MLO Steps for Initial Licensing Online Licensing Check Application Status Mortgage Loan Originator Initial Online Application - Colorado requires that all MLO applicants submit application in both the NMLS and Colorado’s E-license database. The Colorado application will become available in your E-license account 24 hours after filing your MU4 form in NMLS.
- Once the NMLS data has been imported into Colorado’s database, you will see the “MLO (Mortgage Loan Originator) Application” become available within your account. Use this application to apply for a brand new license, to reapply for a license that has expired beyond the right to reinstate or to apply for Temporary Authority (TA). Please review our application instructions page for additional information prior to application submission.
Mortgage Loan Originator Preliminary Advisory Opinion Online Application- An applicant with a previous criminal conviction or guilty plea may request a preliminary advisory opinion. This application is free of charge and allows the Board to determine if they would approve you for a license should you apply with an Initial Application. To access this application, select “Create/Continue Application for NEW License”, then select “Preliminary Advisory Opinion” before selecting the “MLO” application type.
Note: S.A.F.E. Act and Colorado Licensing laws automatically preclude licensure for certain felonies. Mortgage Loan Originator Status Change Request Online Application- Use this application form to reactivate an inactive MLO license. To access this application form, select the “Transfer / Activate / Inactivate” link from the Online Services drop down menu.
- Requests for license inactivation or surrender may be completed by submitting your request through NMLS. Once your request is approved in NMLS please allow 24 hours for updates to reflect within Colorado’s database.
Mortgage Loan Originator Surety Bond / E&O Insurance Update Form - To update your surety bond or E&O insurance, log into your E-license account using the above link, then select the link titled “E&O Insurance / Surety Bond Update”.
Mortgage Loan Originator Renewal/Reinstatement - MLO renewal is available from November 1 to December 31 each year.
- MLO reinstatement is available from January 1 to the last day of February each year.
- MLO renewal and reinstatement are 2 step processes. Step one is submission of your renewal/reinstatement application within NMLS. Once your renewal is completed in NMLS, you may renew your license in Colorado’s database. Use the above link to access E-license, then select “Renew/Reinstate License” during the renewal/reinstatement period to complete step 2 of the Colorado renewal process.
What is MLO cost?
Filing Fees
Fees may be paid by the MLO applicant or his/her employer/sponsor at the time of filing the application. MLO Application Fee $300. NMLS administrative fee $30. NMLS sponsorship fee $30. Credit report fee, if a credit report has not been authorized through NMLS in the past 30 days.
What is the initial license fee for an MLO license in MA?
This page is located more than 3 levels deep within a topic.
...
Fees.. What are the total fees required to be paid by an MLO applicant at the time of application for NY?
Applicants for an MLO license are required to pay the following non-refundable fees: Investigation fee: $125. License fee: $254. Fingerprint fee: $99.00.
What is the oh application fee for MLO applicants?
Mortgage Loan Originator License – $150 license/registration fee, $30 NMLS processing fee.
| 
