Official Government Website

Mortgage Loan Originator Section

The Idaho Residential Mortgage Practices Act (IRMPA) charges the Idaho Department of Finance with the responsibility of licensing and regulating the mortgage related activities of mortgage loan originators, mortgage brokers and lenders, as well as mortgage loan processors and mortgage underwriters who operate as independent contractors.

The following provides basic licensing information as detailed in the IRMPA:

A brief summary of licensee qualifications include:

  1. Completed application;
  2. $200 application fee;
  3. $100 recovery fund payment;
  4. Pre-license education-20 hours;
  5. Pre-license national component test;
  6. Pre-license Idaho component test.

All mortgage licensing and testing is handled through the Nationwide Mortgage Licensing System and Registry (NMLSR). Information pertaining to testing, education and background checks may be found on the NMLSR website at http://www.stateregulatoryregistry.org/NMLS in the Professional Requirements section.

To get started, please go to the NMLSR website for complete information and filing requirements.

Questions pertaining to Idaho licensing requirements may be directed to 208-332-8002. Questions pertaining to the use and navigation of the NMLSR may be directed to the NMLSR Call Center at (240) 386-4444.

Mortgage Loan Originator Section Online Resources: