# Mortgage Licensing Originating, brokering, or servicing across state lines means NMLS records, surety bonds, net worth tests, and renewals in every state at once. We run your NMLS filings and state applications so your team stays focused on closing loans. ## Licensing for the Mortgage Industry The mortgage industry is one of the most heavily regulated sectors in financial services. Following the SAFE Act and subsequent state implementations, mortgage companies are generally required to be properly licensed through the NMLS in each state where they operate. Cornerstone provides end-to-end mortgage licensing services for companies of all sizes. ## How to get licensed 1. **NMLS Company Setup**, We establish your company's NMLS record and ensure all corporate information, management details, and financial data are properly filed. 2. **State Applications**, We prepare and file license applications in each target state, coordinating surety bonds, background checks, and financial requirements. 3. **Qualified Individual**, We help identify and designate qualified individuals who meet state experience and testing requirements. 4. **Approval & Filings**, We track applications through approval and establish your ongoing filing calendar for renewals and reporting. ## Frequently asked questions ### What Is the NMLS? The Nationwide Multistate Licensing System (NMLS) is the central system for state licensing of mortgage companies. Mortgage lender, broker, and servicer licenses are generally applied for and maintained through NMLS. ### Do I Need a Separate Servicing License? In most states, mortgage servicing generally requires a separate license from origination. Some states have combined licenses, but many require distinct servicing authorization. We recommend consulting with a Cornerstone expert or your attorney to understand what applies to your situation. ### How Long Does Mortgage Licensing Take? Typical processing times range from 30-120 days depending on the state. Some states are significantly faster while others, particularly those requiring in-person interviews or hearings, can take longer.