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 State Licensing Requirements 

 
Company Licenses Description Requirements Checklist
Insurance Premium Finance Any company or sole proprietorship, where ever located, that engages in insurance premium financing must have this license type. The licensee may also engage in other consumer lending activity from a Louisiana location if the commissioner is notified of such activity. (More Details)
Licensed Lender Main Office (In-State and Out-Of-State with Lending Activity) This License is required of any company or sole proprietorship, whose main office is located In-state OR Out-of-State and conducts consumer lending activities from that location. Licensed Lenders planning to engage in insurance premium financing should select the “Insurance Premium Finance License” listed below. (More Details)
Licensed Lender Main Office (no lending activity) This License is required of any company or sole proprietorship, whose main office, regardless if In-state or Out-of-State, does not engage in making consumer loans from that location. Companies with this license must have an in-state licensed location. Licensed Lenders planning to engage in insurance premium financing should select the “Insurance Premium Finance License” listed below. (More Details)
Pawnbroker Main Office (in-state) This License is required of any company or sole proprietorship that engages in pawnbroker activity only from the main office which is located in Louisiana. (More Details)
Pawnbroker Main Office (out-of-state) This License is required of any company or sole proprietorship, whose main office is located outside Louisiana that conducts pawnbrokering activity only from branches in Louisiana. (More Details)
Residential Mortgage Lending License This License is required of any company, LLC or sole proprietorship, regardless of location, who directly or indirectly, for compensation or the expectation of compensation engages in “Residential Mortgage Lending Activity” as a mortgage broker, mortgage lender or mortgage servicer. It also included mortgage lenders that only engage in funding loans originated by licensed mortgage brokers and originators commonly referred to as a “Wholesale Lender.” The wholesale lender has no originators and does not engage in retail originations. (More Details)
Sale of Checks and Money Transmitters A license is required for any person who engages in the business of money transmission or selling of checks as a service or for a fee or other consideration. "Sale of Checks" means to sell, to issue, or to deliver a check, draft, money order or other instrument for the transmission or payment of money. “Money transmission” means to engage in the business of selling or issuing payment instruments, selling or issuing stored value, or receiving money or monetary value for transmission including, but not limited to, wire, facsimile, or electronic transmission, to a location within or outside of the United States. Agent or location registrations are not required to be filed on the NMLS at this time. These are handled outside the NMLS directly with this office. (More Details)
Branch Licenses Description Requirements Checklist
Insurance Premium Finance Branch License A location, other than the main office, located in-state or out-of-state from which a licensee makes insurance premium finance loans.
Licensed Lender Branch A location in Louisiana, other than the main office, from which a licensed lender makes consumer loans.
Mortgage Branch Registration This License is required for all additional branch offices other than the Main office location listed on line 1.E. of the MU1. (More Details)
Pawnbroker Branch A location in Louisiana, other than the main office, from which a person makes pawn transactions. (More Details)
Individual Licenses Description Requirements Checklist
Mortgage Loan Originator License This License is required of any natural person who is an employee of a mortgage broker, mortgage lender, who is not acting as a mortgage broker or as a mortgage lender, who interviews the consumer in connection with the consumer's application for a residential mortgage loan. (More Details)
 

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