State Licensing

Loan Officers, Grow Your Business with Tag Lending Group

Join Tag Lending Group, LLC, a licensed mortgage lender operating in multiple states. Expand your reach with competitive products, operational support, and access to a wide network of investors.

Licensed Mortgage Loan Officers may become associated with Tag Lending Group, LLC in approved states, subject to state licensing requirements.

Did You Know?

Mortgage Loan Officers may be licensed in multiple states, subject to each state’s individual licensing requirements and employer association rules.

Licensing and employment guidelines vary by state and must comply with NMLS and applicable state regulations.

Interested in expanding your licensing footprint? Tag Lending Group provides the platform and support to help you grow, in approved states.

1. General Rule

Mortgage Loan Officers must be licensed in each state where they originate loans and must be associated with a licensed mortgage company in accordance with state and NMLS requirements.

2. Exceptions

Licensing and employment requirements for Mortgage Loan Officers vary by state. Certain states may have additional guidelines regarding licensure, company association, and business activities.

3. Special States

Mortgage Loan Officers must comply with all applicable state laws and NMLS regulations. Eligibility to operate in multiple states depends on individual licensing approvals and company authorization.

STATE GUIDLINES

Multi-State Licensing

Mortgage Loan Officers must comply with individual state licensing requirements and may be subject to state-specific employment and association guidelines.

Employment & Compensation

Licensing and compensation structures for Mortgage Loan Officers vary by state and must comply with applicable laws and company policies.

Advertising & Branding

Mortgage Loan Officers must adhere to all state and federal advertising and disclosure requirements, including proper use of licensed names and identifiers where applicable.

ADDING NEW STATES LICENSES

In many cases, you may NOT be required to retake the national exam when applying for licensure in additional states, subject to state-specific requirements.

PICK AN INTERESTED STATE

Select the state in which you want to obtain a license. Review the applicable state requirements, including any education, documentation, or additional conditions for licensure. Requirements may vary by state.

COMPLETE STATE-SPECIFIC COURSE

Complete any required state-specific education through an approved provider, if applicable. Education requirements vary by state.

APPLY ON NMLS

Submit your application through the Nationwide Multistate Licensing System (NMLS), including completion of the MU4 form, applicable fees, and required documentation.

REQUEST COMPANY ASSOCIATION

Once your application is submitted, you may request sponsorship with Tag Lending Group, LLC through NMLS, subject to approval and state requirements.

REQUEST COMPANY ASSOCIATION THROUGH NMLS

Steps to begin the onboarding process with Tag Lending Group

Grant Access Rights

Log in to NMLS and grant access rights to Tag Lending Group, LLC to begin the onboarding and review process.

Update Employment

Update your employment information in NMLS as part of the transition process, including submitting an updated MU4 form where applicable.

Request Company Association

Submit a request through NMLS to associate with Tag Lending Group, LLC. All requests are subject to review, approval, and applicable state requirements.

Resolve License Items

Address any outstanding license items or conditions requested by the state. Processing timelines vary by state and application status.

TEMPORARY AUTHORITY CHECKLIST

You may be eligible to apply for licensure in another state and begin the process of originating loans, subject to state approval and applicable requirements.

✔ Licensing History

Have you been state-licensed for at least 30 days, or federally registered for at least one year?

✔ Employment Classification

Do you currently have an active W-2 employment classification reflected in your NMLS record?

✔ License Standing

Is your license in good standing, with no revocations, suspensions, denials, or cease and desist orders?

State-Specific Location Requirements

If you are currently a W-2 Mortgage Loan Officer in good standing, you may be eligible to apply for licensure in another state under Temporary Authority, subject to state-specific requirements and approval.

SC – Location Proximity

May require a reasonable proximity (75 Miles) to a licensed office location. Specific requirements are subject to state guidelines.

WI – Location Proximity

May include proximity (100-Miles) considerations to a licensed place of business, subject to state interpretation and regulatory guidance.

WY – Location Proximity

May require maintaining a reasonable distance (100-miles) from a licensed office location, based on applicable state requirements.

NE – Commutable Distance

May require a reasonable commutable distance (no specific mileage) to a licensed place of business, as determined by state guidelines.

NJ – Location Requirements

May include proximity (2.5 hours from assigned location) or operational requirements related to a licensed location, subject to state-specific rules.

RI – Licensed Location Proximity

May require Mortgage Loan Officers to operate within a reasonable distance of a licensed place of business, based on regulatory standards.

LOAN OFFICER COMPENSATION STRUCTURE

Mortgage Loan Officers may be classified as W-2 employees or independent contractors (1099), subject to applicable state laws and company policies.

In certain states, Mortgage Loan Officers may be required to be classified as W-2 employees based on applicable laws and regulatory guidance.

These states may include: CA (DFPI), GA, IN (DFI), MA, MS, MT, NV, NJ, NC, SC, RI, and VT

START YOUR MORTGAGE CAREER WITH TAG

Ready to become a Mortgage Loan Originator (MLO)? We make the process simple, clear, and supported every step of the way.

1. Create Your NMLS Account

2. Complete Pre-Licensing Education

Complete the required 20 hours of NMLS-approved education. Requirements may vary slightly by state.

You may choose any approved provider. One option available:

Mortgage Educators (TAG candidates may be eligible for up to a 60% discount through our partnership)

Contact: Jason Carroll | (801) 243-5409 |jason@mortgageeducators.com

TAG 60% DISCOUNT

3. Pass the SAFE Exam

Schedule and successfully pass the national SAFE exam with a score of 75% or higher, covering mortgage laws and regulations.

4. Complete Background Check & Fingerprints

Submit fingerprints and complete the required criminal background check.

5. Fulfill State Requirements

Each state has specific requirements and fees. Be sure to review your state’s NMLS page.

6. Submit Your Application

Upload all required documents, including:

Education certificate
Exam results
Background check
Supporting documentation

7. Get Licensed

Once approved, you’ll receive your NMLS license and can begin originating loans.

Estimated Licensing Costs

Pre-Licensing Education: $200 – $500
NMLS National Exam: ~$110
Background Check & Fingerprints: $30 – $100
State Licensing Fees: $100 – $300
Credit Report: ~$15
Continuing Education (Annual): $100 – $200

Estimated Total: $600 – $1,200

Costs may vary by state and provider.

TAG Reimbursement Program

Tag Lending Group may reimburse eligible licensing expenses upon completion of your first closed loan, subject to company approval and policies.

Please retain all receipts for:

Education
Licensing fees
Background checks
Fingerprinting

Alternatively, candidates with established volume or referral relationships may request approval for upfront expense coverage.

Need Help?

Our team is here to guide you through the process. Call: (305) 503-8655 and select option 3 for assistance.

Ready to Get Started?

Take the next step toward building your mortgage career with TAG.

Apply Now

Let’s TAG TEAM your growth and success!