Delaware Mortgage Loan Originator License
individual licence · SBC
This license is required of any mortgage loan originator, who for compensation or gain, or in the expectation of compensation or gain, directly or indirectly negotiates, places, assists in placement, finds or offers to negotiate, place, assist in placement or find mortgage loans on Delaware residential property for others.
Requirements (2)
Step 1
Company Sponsorship: A sponsorship request must be submitted by your employer. DE will review and accept or reject the sponsorship request. DE 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 (including providing proof of surety bond coverage), the license may be issued as “Approved-Inactive” until sponsorship by a mortgage company is acquired. While in an “Approved-Inactive” status, you are NOTauthorized to conduct business under the authority of the DE Mortgage Loan Originator License.Submitted via: NMLS
Step 2
Disclosure Questions: Provide an explanation and, if applicable, a supporting document for each “Yes” response.
General information
Who Is Required To Have This License?
Individuals who deal directly with customers who are seeking mortgage loans and solicit, negotiate, explain or finalize the terms of the loan. “Soliciting” means the discussion of a mortgage loan product or products with a customer or potential customer, but does not include the taking of customer information or referral of a customer or the customer’s information to a person engaged in mortgage origination. While the State of Delaware currently licenses businesses that employ loan originators (lenders licensed under Chapter 22 of Title 5, and mortgage loan brokers licensed under Chapter 21 of Title 5) all non-exempt individuals who engage in mortgage loan originating must now be licensed irrespective of how they are compensated.
Section 2404, Title 5, Delaware Code.
Note: All Delaware licensed mortgage loan originators will be subject to an annual $500 supervisory assessment, which will be invoiced through NMLS by the Office of the State Bank Commissioner in July of each year and is due by August 1st each year
Pre-licensure Education: Prior to submission of the application, complete at least 20 hours of NMLS-approved pre-licensure education (PE) courses.
Note: All Delaware licensed mortgage loan originators will be subject to an annual $500 supervisory assessment, which will be invoiced through NMLS by the Office of the State Bank Commissioner in July of each year and is due by August 1st each year.
Delaware does not issue paper licenses for this license type.
Sourced from the NMLS/CSBS state licensing record, last updated March 26, 2026. Requirements change — confirm against the state agency before filing. Not legal advice.