Company Sponsorship: A sponsorship request must be submitted by your employer. The company/branch requesting sponsorship must be licensed in Montana. Montana will review and accept or reject the sponsorship request.
\nMontana law requires MLOs to be W2 Employees (32-9-116, MCA; ARM 2.59.1701 (3)). Your employer must complete the Worker Classification section in the NMLS.
\nMontana 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 Montana Mortgage Loan Originator License.
","IsNote":true,"SubmittedVia":"NMLS
","Order":1,"RequirementsCategory":44,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-08-19T21:03:11.413","Version":5,"ChangeType":"MOD"},{"LicenseTypeID":972,"LicenseRequirementID":3466,"RequirementText":"Request Processing of Application This Calendar Year: If this application is submitted between November 1 and December 31, it will be placed on hold until the next calendar year unless the applicant submits the form below to request that the application be processed for the current calendar year. The applicant must also pay the renewal fee by Dec. 31st which will be invoiced through NMLS. Mortgage Loan Originator Renewal Form
\n\n
PLEASE NOTE: the application must be complete in order to be processed, and processing of renewal applications will be given priority over processing new applications.
\nUNLESS RENEWED, ALL LICENSES EXPIRE ON DECEMBER 31.
","IsNote":null,"SubmittedVia":"Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirement.
","Order":3,"RequirementsCategory":41,"NMLSDocumentUploadType":48,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Ms. Monica Good, CME,CAS-III (Monica.Good@mt.gov)","Modified":"2026-07-28T16:15:28.677","Version":6,"ChangeType":"MOD"},{"LicenseTypeID":972,"LicenseRequirementID":3467,"RequirementText":"Verification of Experience: Individuals who are acting as a Qualified Individual or a Branch Manager must submit W-2's or 1099's to prove 3 years of experience. Individuals who are acting as a Responsible Individual must submit proof of 1½ years of experience. W-2’s/1099’s are not necessary if the individual has been licensed through NMLS for the required amount of time.
","IsNote":null,"SubmittedVia":"Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Verification of Experience..
","Order":4,"RequirementsCategory":35,"NMLSDocumentUploadType":51,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-08-19T21:06:38.497","Version":4,"ChangeType":"MOD"},{"LicenseTypeID":972,"LicenseRequirementID":19853,"RequirementText":"Credit Report Explanations: Submit a line by line, detailed letter of explanation of all derogatory credit accounts along with proof of payoffs, payment arrangements and evidence of payments made, or evidence of any formal dispute filed (documents must be dated). Accounts to address include, but are not limited to: collections items, charge offs, accounts currently past due, accounts with serious delinquencies in the last 3 years, repossessions, loan modifications, etc.
\nNote: Items regarding bankruptcy, foreclosure actions, outstanding judgments or liens, or delinquent child support payments should be addressed in the Disclosure Explanations section of your Individual Form MU4.
\nThis document should be named Credit Report Explanations – Montana Mortgage Loan Originator – Document Creation Date.
","IsNote":null,"SubmittedVia":"Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Credit Report Explanations.
","Order":5,"RequirementsCategory":36,"NMLSDocumentUploadType":50,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-08-19T21:08:27.747","Version":5,"ChangeType":"MOD"}],"Id":22522,"Exception":null,"Status":5,"IsCanceled":false,"IsCompleted":true,"IsCompletedSuccessfully":true,"CreationOptions":0,"AsyncState":null,"IsFaulted":false}