Mortgage Licensing Information
NC S.A.F.E. Act
(Effective July 31, 2009), requires that any business engaged in mortgage lending be licensed annually
by the N. C. Office of the Commissioner of Banks as either a mortgage lender, mortgage broker
or mortgage servicer. In addition, any individual employed by a licensed mortgage lender, mortgage broker,
or servicer acting as a mortgage loan originator must have a mortgage loan originator license.
Some lenders, primarily banks and credit unions, are exempt from licensing, but must file and
keep current their information contained in their Claim of Exemption.
All mortgage licensing applications must be submitted via the Nationwide Mortgage Licensing
System (for additional applications see Forms and Fees).