Mortgage licensing / Oregon

Oregon Mortgage Servicer Branch License

branch licence · NMLS ORSERVICER_B · DFR

Any company that services an Oregon residential mortgage loan at a location other than the business entity’s principal place of business.

Requirements (4)

  1. Step 1

    Other Trade Names: If this branch is 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 both the Branch Form (MU3) and the Company Form (MU1). Oregon does not limit the number of other trade names. If operating under an “Other Trade Name”, upload documents showing that the other trade name has been registered with the Oregon Secretary of State and the company is authorized to do business under that trade name. This document should be named OR Mortgage Servicing Trade Name – Assumed Name.

    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

    Credit Report: See the License Requirements and Fees Chart on the NMLS Resource Center for details related to this Requirement.

    Submitted via: NMLS

  3. Step 3

    MU2 Individual FBI Criminal Background Check Requirements: See the License Requirements and Fees Chart on the NMLS Resource Center for details related to this Requirement.

    Submitted via: NMLS

  4. Step 4

    Branch Manager: A Branch Manager must be designated for each licensed location. A Branch Manager is defined as an individual whose principal office is physically located in, who is in charge of, and who is responsible for the business operations of a branch office.

    Submitted via: NMLS

General information

Who is required to have this license? Any company that services an Oregon residential mortgage loan at a location other than the business entity’s principal place of business. Activities Authorized Under This License This license authorizes the following activities… • Third party first mortgage servicing • Third party subordinate lien mortgage servicing • First mortgage servicing • Master Servicing • Subordinate lien mortgage servicing Oregon Division of Financial Regulation does not issue paper licenses for this license type. The Oregon Licensing Notice may be printed on the Division’s website for posting in the licensed office.

Other Oregon mortgage licenses

Sourced from the NMLS/CSBS state licensing record, last updated May 28, 2025. Requirements change — confirm against the state agency before filing. Not legal advice.

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