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State Licensing

 

 Georgia State Licensing Requirements

Contact

Department of Banking and Finance NDFI Division<
2990 Brandywine Road Suite 200
Atlanta, GA  30341-5565
770-986-1136
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Education Requirements

High School Diploma or GED
20 Hours Pre-licensing Education
8 Hours Continuing Education

Georgia does not have any state specific PE requirements. However, GA does have a 1 hour GA law CE requirement.

Highlights

Brick and Mortar State: No
(if home state requires B&M then GA requires it as well)

Expiration: Oct 31 annually
License Fee: $100 +$30 NMLS

 

 

Who is required to be licensed

Any individual who for compensation or gain or in the expectation of compensation or gain: takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan.…

Pre-requisites for license applications

  • Certification that 20 hours of pre-licensure education courses have been completed.
  • Passing score on both the National and State components of the SAFE Test.
  • Fingerprints for an FBI criminal history background check.
  • Authorization for a credit report.
  • License sponsored by company.

Sponsorship

A sponsorship request must be submitted by your employer before your application request will be approved.   If the applicant is not currently employed by a mortgage company, the application will be administratively withdrawn as incomplete.  A mortgage loan originator shall not be sponsored simultaneously by more than one mortgage broker, or mortgage lender licensed under the Georgia Residential Mortgage Act.


Need to purchase Pre-licensing or Continuing Education Courses?

Use the links below for course schedules and information about NMLS Approved Pre-licensing Education (PE) or Continuing Education (CE).

Georgia NMLS Approved Pre-licensing Education Courses

Georgia NMLS Approved Continuing Education Courses

NMLS Requirements and Fees


Processing Fees for State Licensure

Entity Initial Fee Annual Fee
Company $100 $100
Branch $20 $20
Individual $30 $30

Processing Fees for Federal Registration

Entity Initial Fee Annual Fee
Company $100 $100
Branch $60 $0
Individual $30 Jan-June
$60 July-Dec		 $30 ($0 if initial registration July-Dec of same year)

Professional Standards Fees

Item Fee
Criminal Background Check Livescan $39
or
Print Card Capture $39, plus $10 Card Packet Fee

This fee is charged at each new application for licensing, or new registration request. Single charge regardless of how many licenses are applied for in a single filing.

Click here for more information about the Criminal Background Check process.
Testing $92 National Component
$69 State Component (per state)

Beginning April 1, 2013 the Uniform State Test will be included in the National Component which replaces several individual state components.

Click here for more information about the NMLS Testing process
Credit Report $15

This fee will be charged at each new application for licensing if it does not contain a credit report that is less than 30 days old. Single charge regardless of how many licenses are applied for in a single filing.

Click here for more information about the NMLS Credit Check process

Notice: The information provided on this page is not legal advice and is shared for educational purposes only. The information provided is not a complete statement of all licensing requirements, additional licensing requirements may be required by state and/or other agencies.

Other's who searched for this page also found these pages useful:

My Mortgage Trainer Home Page
My Mortgage Trainer Course Catalog
SAFE 20 Hour Pre-licensing Courses and Study Material
SAFE 7 & 8 Hour Continuing Education Courses
My Mortgage Trainer Current Webinar Schedule

My Mortgage Trainer is approved by the NMLS to deliver National Pre-licensing and Continuing Education in all 50 states. NMLS Approved Course Provider #1400080.

 
Last Updated ( Monday, 24 February 2014 )
 
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