Mortgage licensing / Kentucky

Kentucky Mortgage Broker License

company licence · NMLS KYBROKER_C · DFI

Requirements (18)

1. 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 registered and approved by the Kentucky Secretary of State's office and listed under the Other Trade Names section of the Company Form (MU1). This document should be named [State-License Type] Trade Name – Assumed Name and uploaded in the Document Library.

   Submitted via: Upload in NMLS under the Document Type Trade Name/Assumed Name Registration Certificates in the Document Uploads section of the Company Form (MU1).

2. Step 2

   Resident/Registered Agent: The Resident/Registered Agent must be listed under the Resident/Registered Agent section of the Company Form (MU1) and must match the information currently on record with Kentucky Secretary of State.

   Submitted via: NMLS

3. Step 3

   Qualifying Individual: Referred to in KRS 286.8 as the "Managing Principal”. This must be a natural person who meets the requirements of KRS 286.8 and actively participates in and is primarily responsible for the operations of a licensee. The managing principal shall provide sufficient proof of a minimum two years' experience working in the mortgage industry (See Verification of Experience). This individual must be listed in the Qualifying Individual section of Company Form (MU1). The Qualifying Individual must also be a control person named in the Direct Owners/Officers section.

   Submitted via: NMLS

4. Step 4

   Credit Report: Individuals in a position of control are required to authorize a credit report through NMLS. Individuals will be required to complete an Identity Verification Process (IDV) along with an individual attestation before a license request for your company can be filed through NMLS. 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, bankruptcies, foreclosures, outstanding judgments/liens, and delinquent child support payments. This document should be named Credit Report Explanations and uploaded to the Individuals Form MU2.

   Submitted via: NMLS

5. Step 5

   Financial Statements: Upload a Compiled financial statement prepared by a Certified Public Accountant in accordance with Generally Accepted Accounting Principles dated within 90 days of your fiscal year end. Financial statements should include a Balance Sheet, Income Statement and Statement of Cash Flows and all relevant notes thereto. The balance sheet must reflect positive net worth, but there is no minimum requirement. Note: Financial statements are uploaded separately under the filing tab named Financial Statement. See the Financial Statements Quick Guide for instructions.

   Submitted via: NMLS Financial Statements

6. Step 6

   Certificate of Authority/Good Standing Certificate: Upload a state-issued document (typically by the state’s Secretary of State office) demonstrating that the Corporation or LLC exists or is authorized to do business in the state. This document should be named [[State prefix] Certificate of Authority OR [State prefix] Certificate of Good Standing].

   Submitted via: Upload in NMLS under the Document Type Certificate of Authority/Good Standing Certificate in the Document Uploads section of the Company Form (MU1).

7. Step 7

   Formation Documents: Determine classification of applicant’s legal status and submit a State certified copy of the requested applicable documentation detailed below. Original formation documents and all subsequent amendments, thereto including a list of any name changes. Limited Liability Company (“LLC”): • Articles of Organization (including all amendments); • Operating Agreement (including all amendments) Corporation: • Articles of Incorporation (including all amendments)

   Submitted via: Upload in NMLS under Formation Document Document Upload section.

8. Step 8

   Organizational Chart: Submit a chart showing (or a description which includes) the percentage of ownership of: • Direct Owners (total direct ownership percentage must equate to 100%) • Indirect Owners • Subsidiaries and Affiliates of the applicant/licensee This document should be named [Company Legal Name] Organizational Chart – Description. Note: If the existing uploaded Organizational Chart/Description already includes the above information, an additional document does not need to be uploaded.

   Submitted via: Upload in NMLS under the Document Type Organizational Chart/Description in the Document Uploads section of the Company Form (MU1).

9. Step 9

   Surety Bond: Submit an Electronic Surety Bond via NMLS in the amount of $50,000.00 furnished by a surety company authorized to conduct business in Kentucky. The name of the principal insured on the bond must match exactly the Full Legal Name of applicant. See the ESB Adoption Table and the ESB for NMLS Licensees page of the NMLS Resource Center for more information.

   Submitted via: Electronic Surety Bond in NMLS

10. Step 10

    Pre-Licensing Education:Prior to submission of the application, control persons must complete at least 30 hours of NMLS-approved pre-licensure education (PE) and continuing education (CE) courses. Education completed for other states will be accepted. Follow the instructions in the Course Completion Records Quick Guide to confirm that PE has been posted to your record and the PE Total indicates “Compliant.”

    Submitted via: NMLS

11. Step 11

    Personal Financial Statement: Individuals with 10% or more direct ownership are required to upload a personal financial statement. This document should be named [State Abbreviation] – Personal Financial Statement.

    Submitted via: Upload in NMLS under the Document Type Personal Financial Statement in the Document Uploads section of the Individual Form (MU2).

12. Step 12

    Prior Activity Attestation: Upload a signed statement indicating if the applicant has ever conducted Kentucky mortgage activity while unlicensed. If transactions have occurred, please provide the total number and dollar amount of transactions for each year. Attestation must be completed by a control person.

    Submitted via: Upload to NMLS under Additional Requirements Document Upload section.

13. Step 13

    Disclosure Questions: Provide a complete and detailed explanation and document upload for each “Yes” response to Disclosure Questions made by the company or related control persons (MU2). See the Company Disclosure Explanations Quick Guide for instructions.

    Submitted via: Upload in NMLS in the Disclosure Explanations section of the Company Form (MU1) or Individual Form (MU2).

14. Step 14

    Contact Employees: Individuals must be identified on the Company Form MU1 in the following areas: • Accounting • Exam Billing • Licensing • Consumer Complaint (Public) • Exam Delivery • Legal • Litigation • Pre-Exam Contact • Primary Company Contact • Primary Consumer Complaint (Regulator)

    Submitted via: NMLS

15. Step 15

    Verification of Experience: Provide a license specific resume with detailed job descriptions and/or duties performed evidencing experience in the industry the company is applying for a license. Detailed job descriptions and duties with all employers need to be incorporated into a resume to demonstrate experience related to the specific state license being applied for. State specific requirements include: Managing Principal is required to have at least two (2) years of experience working directly in the mortgage industry. This document should be named [Document Type] – License Name.

    Submitted via: Upload in NMLS under the Document Type Verification of Experience in the Document Uploads section of the Individual Form (MU2).

16. Step 16

    Residential Locations: If this business operates from a residential location, the following requirements must be provided: • Approval from Local Planning & Zoning • Disclosure of Residence Form • Copy of Lease/Deed

    Submitted via: Upload in NMLS under Additional Requirements Document Upload section.

17. Step 17

    Sponsored Mortgage Loan Originator: Entities with business activities requiring a registered KY Mortgage Loan Originator must be assigned and sponsored by the applicant. The MLO Employment History must be accurate.

    Submitted via: NMLS

18. Step 18

    Management Chart: Submit a Management chart displaying the applicant’s directors, officers, and managers (individual name and title). Must also identify compliance reporting and internal audit structure. This document should be named [Company Legal Name] Management Chart. Note: If the existing uploaded management chart already includes the above information, an additional document does not need to be uploaded. A company should only upload a single management chart.

    Submitted via: Upload in NMLS under the Document Type Management Chart in the Document Uploads section of the Company Form (MU1).

General information

Other Kentucky mortgage licenses

• Federal Student Loan Servicer License
• Loan Originator License
• Mortgage Broker Branch
• Mortgage Company Branch
• Mortgage Company License
• Student Loan Servicer
• All 8 Kentucky licenses

Sourced from the NMLS/CSBS state licensing record, last updated August 3, 2026. Requirements change — confirm against the state agency before filing. Not legal advice.