Mortgage licensing / New Mexico

New Mexico Mortgage Branch Location License

branch licence · NMLS NMLOAN_B · FID

Requirements (6)

1. Step 1

   Trade Name / Other Trade Name Requirements: If the applicant or any branch operates under a name other than the legal name (e.g., “Trade Name,” “Assumed Name,” or “DBA”), the following requirements apply: • Disclosure in NMLS: The trade name must be listed in the Other Trade Names section of both the Company Form (MU1) and the Branch Form (MU3) in NMLS. • Documentation Requirements: A Trade Name/Assumed Name Registration Certificate authorizing the use of the trade name must be submitted as follows, based on entity type: • Corporations and Limited Liability Companies (LLCs): Submit a Trade Name/Assumed Name Registration Certificate issued by the New Mexico Secretary of State. • All Other Entity Types (e.g., General Partnerships, LLPs, LPs, LTDs, Unincorporated Associations, Trusts): These entities are not eligible to obtain trade name approval from the New Mexico Secretary of State. Instead, they must provide one of the following as evidence of authorization to use the trade name: • A trade name registration or approval issued by the home state’s Secretary of State, or • A trade name or business registration issued by a city or county government authorizing use of the name. • Supporting Upload in NMLS: • All trade name documentation must be uploaded to NMLS. • The file must be clearly labeled using the following naming convention: [State-License Type] Trade Name – Assumed Name • Requests for trade name use must be submitted on company letterhead. Note: The Financial Institutions Division does not limit the number of trade names a company may use. These requirements are established under §58-21 NMSA, 12.19.8 NMAC, and §53-1 NMSA.

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

2. Step 2

   Branch Manager: The Branch Manager designated on MU3 is not required to maintain a New Mexico Mortgage Loan Originator license

   Submitted via: NMLS

3. Step 3

   Designation of Branch Responsible Employee: Submit a letter on company letterhead identifying the individual responsible for the branch (may differ from the NMLS Branch Manager). The letter must include the individual's name, title, contact information, and specify if they hold an MU2 association with the entity. The letter must be signed by a company officer and clearly state who is responsible for branch operations, including in the absence of a branch manager. **NOTE: All designated branch managers must complete a MU2 association in NMLS. This document should be named NM Branch Responsible Employee

   Submitted via: Upload in NMLS: under the Document Type Designation of Branch Responsible Employee in the Document Uploads section of the Individual Form (MU4).

4. Step 4

   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, etc. Note: Items regarding bankruptcy, foreclosure actions, outstanding judgments or liens, or delinquent child support payments should be addressed in the Disclosure Explanations section of your Individual Form (MU4). This document should be named Credit Report Explanations - Document Creation Date.

   Submitted via: Upload in NMLS: under the Document Type Credit Report Explanations in the Document Uploads section of the Individual Form (MU4).

5. Step 5

   Verification of Experience - Branch Manager: Provide a current and up-to-date 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.

   Submitted via: Upload in NMLS: under the Document Type Verification of Experience in the Document Uploads section of the Individual Form (MU4).

6. Step 6

   Branch Manager Legal Name/Status Documentation: Upload current legal documentation of legal name or legal status. This must be an official government-issued document or a certified copy of driver’s license, passport, birth certificate; if name does not match identifiation card, a divorce decree, marriage certificate, or court ordered document is required. This document should be named [Document Name] (e.g. Driver’s License, Passport, Marriage Certificate, etc.).

   Submitted via: Upload in NMLS: under the Document Type Legal Name/Status Documentation in the Document Uploads section in the Document Uploads section of the Individual Form (MU4).

General information

Other New Mexico mortgage licenses

• Mortgage Loan Company License
• Mortgage Loan Originator License
• All 3 New Mexico licenses

Sourced from the NMLS/CSBS state licensing record, last updated October 19, 2025. Requirements change — confirm against the state agency before filing. Not legal advice.