Verify colorado mortgage broker license

Please review our application instructions page for additional information prior to application submission. Mortgage Loan Originator Preliminary Advisory Opinion Online Application An applicant with a previous criminal conviction or guilty plea may request a preliminary advisory opinion. This application is free of charge and allows the Board to determine if they would approve you for a license should you apply with an Initial Application.

Requests for license inactivation or surrender may be completed by submitting your request through NMLS. MLO reinstatement is available from January 1 to the last day of February each year. MLO renewal and reinstatement are 2 step processes. MLO Fee Schedule. Mortgage companies must meet the following: be in good standing with the Colorado Secretary of State, and not be legally barred from operating in Colorado. Enforcement Provision Regarding Mortgage Companies.

The Board may deny an application for registration, refuse to renew, suspend or revoke the registration, enter cease and desist orders and impose fines if mortgage companies violate any of the following: The mortgage company is acting without proper registration. The mortgage company fails to maintain possession of documents as prescribed by the Board.

If you have less than two years of active experience as a salesperson or broker, you qualify for the associate broker, FA credential. If you have two years of active experience, you qualify for the Independent or Employing license. If you have less than two years of active experience, you qualify for the Associate Broker, FA credential.

I've never held a license. I have a non-expired license, for at least two years in another jurisdiction.

You will need to: pass the state portion of the Colorado Real Estate Broker's Exam complete a fingerprint background check provide your certified license history — must be dated within 90 days of your application and include disciplinary actions If you have two years of active experience, you qualify for the "Independent" or "Employing" license.

If you want to be certified at an employing level, you will need to: take a hour brokerage administration course complete the Employing Broker Affidavit form. I have an expired license or held a license for less than two years in another jurisdiction.