NMLS Online Resources
The NMLS Resource Center is the primary source for guidance and licensing information related to applying for a license/registration and maintaining a record in NMLS. Some of the helpful resources include State Agency Contacts, State Licensing Requirements, Training Workshops, and Quick Guides.
The Getting Started page for company users is a step-by-step resource for determining if an account is required and how to begin the licensing/registration process.
Recorded NMLS New User Demonstration
The New User video provides foundational information and includes demonstrations for industry on how to navigate within the secured NMLS site, including how to request an account, complete forms Company MU1, Control Person MU2, Branch MU3, Financial Statement Filing, and basic navigation of the NMLS Resource Center.
Electronic Surety Bonds (ESB)
An electronic surety bond is required to be submitted in NMLS as part of the transition of installment lender licensees to NMLS. This obligation is issued under and is governed by O.C.G.A. § 7-3-21. The electronic surety bond will be $25,000 for the licensee’s primary location plus $5,000 for each additional office location operated by the licensee. In no event, will a licensee’s bond exceed $100,000.
Below is a link to a list of surety companies and surety bond producers that are available in NMLS as well as a link to the Electronic Surety Bond for Licensees page on NMLS and a sample of the bond form that your surety provider must follow.