Mortgage licensing / Connecticut
Connecticut Federal Student Loan Servicer Registrant
company licence · NMLS CTFDSTUDENTLNSERVICERR_C · DOB
This regitration is required for any student loan servicer responsible for the servicing of a federal student education loan to a student loan borrower pursuant to a contract awarded to such person by the United States Department of Education under 20 USC 1087f, as amended from time to time.
Requirements (4)
Step 1
Other Trade Name: If operating under a name that is different from the applicant’s legal name, that name (“Trade Name”, “Assumed Name” or “DBA”) must be listed under the Other Trade Names section of the Company Form (MU1). Connecticut does not limit the number of other trade names. It is the applicant’s responsibility to ensure that all names are properly registered with the required municipality or government agency.Submitted via: NMLS
Step 2
Resident/Registered Agent: The Resident/Registered Agent must be listed under the Resident/Registered Agent section of the Company Form (MU1).Submitted via: NMLS
Step 3
Non-Primary Contact Employees: An individual(s) should be identified as a Non-Primary Contact for the following areas. These contacts must be listed in the Contact Employees section of the Company Form (MU1). • Accounting • Exam Billing • Licensing • Consumer Complaint (Public) • Exam Delivery • Litigation • Consumer Complaint (Regulator) • Legal • Pre-Exam ContactSubmitted via: NMLS
Step 4
Qualifying Individual: This individual must be listed in the Qualifying Individual section of Company Form (MU1).Submitted via: NMLS
General information
GENERAL INFORMATION
Who Is Required to Have This License?
Any student loan servicer responsible for the servicing of a federal student
education loan to a student loan borrower pursuant to a contract awarded to
such person by the United States Department of Education under 20 USC 1087f, as
amended from time to time.
"Servicing" means (A)
receiving any scheduled periodic payments from a student loan borrower pursuant
to the terms of a student education loan; (B) applying the payments of principal
and interest and such other payments with respect to the amounts received from
a student loan borrower, as may be required pursuant to the terms of a student
education loan; or (C) performing other administrative services with respect to
a student education loan.
"Federal student education loan" means any student education loan (A) (i) made pursuant to the William
D. Ford Federal Direct Loan Program, 20 USC 1087a, et seq., as amended from
time to time, or (ii) purchased by the United States Department of Education
pursuant to 20 USC 1087i-1(a), as amended from time to time, and (B) owned by
the United States Department of Education.
"Student loan borrower" means any
individual who resides within this state who has agreed to repay a student
education loan.
Who Is Not Required To Have This License?
Any bank,
out-of-state bank, Connecticut credit union, federal credit union or
out-of-state credit union; any wholly owned subsidiary of any such bank or
credit union; and any operating subsidiary where each owner of such operating
subsidiary is wholly owned by the same bank or credit union.
Activities Authorized Under This License
• Non-private
student loan servicing
Other Connecticut mortgage licenses
- Exempt Mortgage Servicer Registrant
- Exempt Mortgage Servicer Registrant Branch
- Mortgage Broker Branch License
- Mortgage Broker License
- Mortgage Correspondent Lender Branch License
- Mortgage Correspondent Lender License
- All 14 Connecticut licenses
Sourced from the NMLS/CSBS state licensing record, last updated January 31, 2025. Requirements change — confirm against the state agency before filing. Not legal advice.