{"Result":[{"LicenseTypeID":948,"LicenseRequirementID":3088,"RequirementText":"

Company Sponsorship: A sponsorship request must be submitted by your employer.  

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Note: The sponsoring company must have an approved/active license in the State of Maine, and the location of the sponsoring company or branch must match with the MLO employment history information before the sponsorship will be accepted.

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Maine offers an “Approved-Inactive” license status. If you are not currently employed by a mortgage company (or your employer has not yet requested sponsorship on your behalf) and you have completed all requirements for this license, the license may be issued as “Approved-Inactive” until sponsorship by a mortgage company is acquired. While in an “Approved-Inactive” status, you are NOT authorized to conduct business under the authority of the Maine Mortgage Loan Originator License.

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In lieu of sponsorship, an MLO may obtain their own surety bond coverage of at least $25,000.  Contact the Maine Bureau of Consumer Credit Protection for more information. 

","IsNote":false,"SubmittedVia":"

NMLS

","Order":1,"RequirementsCategory":44,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-09-05T15:58:21.747","Version":9,"ChangeType":"MOD"},{"LicenseTypeID":948,"LicenseRequirementID":3089,"RequirementText":"

Employment History: The business address listed in the Employment section of the Individual Form (MU4) must match the address of the registered location in the Company Relationship.

","IsNote":true,"SubmittedVia":"

NMLS

","Order":3,"RequirementsCategory":44,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-09-05T15:58:41.55","Version":9,"ChangeType":"MOD"},{"LicenseTypeID":948,"LicenseRequirementID":3091,"RequirementText":"

Original MLO Surety Bond:  In lieu of sponsorship only. This requirement only applies to an MLO who is not employed by, or is the exclusive agent of, a licensed supervised lender or loan broker.  The MLO must provide an original $25,000 surety bond to the Bureau.

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Click to download form  

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Note: An MLO may obtain their own surety bond rather than being covered under the company’s bond and have the company sponsorship. The electronic surety bond (ESB) is not available for this type of bond coverage.  Contact the Maine Bureau of Consumer Credit Protection for more information. 

","IsNote":false,"SubmittedVia":"

Mail to the Maine Bureau of Consumer Credit Protection and Upload a copy in NMLS

","Order":2,"RequirementsCategory":42,"NMLSDocumentUploadType":48,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Ms. Kristine M. Fournier (Kristine.M.Fournier@maine.gov)","Modified":"2025-09-05T15:57:11.11","Version":11,"ChangeType":"MOD"},{"LicenseTypeID":948,"LicenseRequirementID":30475,"RequirementText":"

Credit Report Explanations:  The Bureau may require a written explanation and supporting documentation of any derogatory credit accounts including collection items, charge-offs, delinquent accounts, etc.  Items regarding bankruptcy, foreclosure, judgements, liens, or delinquent child support payments should be addressed in the Disclosure Explanations section of your Individual Form (MU4).  An applicant may proactively provide information related to credit in NMLS to avoid delays with the issuance of a license. 

","IsNote":true,"SubmittedVia":"

NMLS

","Order":4,"RequirementsCategory":36,"NMLSDocumentUploadType":50,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-09-05T15:59:38.917","Version":7,"ChangeType":"MOD"},{"LicenseTypeID":948,"LicenseRequirementID":30476,"RequirementText":"

Other Business: Additional information on positions of authority an individual may hold with other companies, whether or not it is financial services, must be disclosed in the Other Business section of the Individual Form (MU4).  The Bureau may request a written explanation and supporting documentation.  

","IsNote":null,"SubmittedVia":"

NMLS

","Order":6,"RequirementsCategory":44,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-09-05T16:01:42.44","Version":5,"ChangeType":"MOD"},{"LicenseTypeID":948,"LicenseRequirementID":30477,"RequirementText":"

Criminal Background Check Explanations: The Bureau may require a written explanation and supporting documentation for any RAP sheet. An applicant may proactively provide information to the Bureau to avoid delays with the issuance of a license. 

","IsNote":true,"SubmittedVia":"

NMLS

","Order":5,"RequirementsCategory":38,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Ms. Kristine M. Fournier (Kristine.M.Fournier@maine.gov)","Modified":"2025-10-17T18:54:04.25","Version":6,"ChangeType":"MOD"}],"Id":22503,"Exception":null,"Status":5,"IsCanceled":false,"IsCompleted":true,"IsCompletedSuccessfully":true,"CreationOptions":0,"AsyncState":null,"IsFaulted":false}