Oregon Student Loan Servicer Branch License
branch licence · NMLS ORSTUDENTLNSERVICER_B · DFR
Any branch location of a Student Loan Servicer or Student Loan Servicer – Federal Contract location that is directly or indirectly servicing student loans in the state of Oregon.
This license should only be applied for by a company that also holds or is applying for Student Loan Servicer or Student Loan Servicer – Federal Contract license.
Requirements (4)
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 Division of Financial Regulation does not limit the number of other trade names. If operating under an “Other Trade Name”, upload a certificate of authority issued by the Oregon Secretary of State regarding ability to do business under that trade name. This document should be named Oregon Student Loan Servicer – Assumed Name.Submitted via: NMLS Upload in NMLS: under the Document Type Trade Name/Assumed Name Registration Certificates in the Document Uploads section of the Company Form (MU1).
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
Step 3
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 (MU2). This document should be named Credit Report Explanations – Sub Name – Document Creation Date.Submitted via: Upload in NMLS: under the Document Type Credit Report Explanations in the Document Uploads section of the Individual Form (MU2).
Step 4
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
General information
Who is required to have this license?
Any branch location of a Student Loan Servicer or Student Loan Servicer – Federal Contract location that is directly or indirectly servicing student loans in the state of Oregon.
This license should only be applied for by a company that also holds or is applying for Student Loan Servicer or Student Loan Servicer – Federal Contract license.
Activities Authorized Under This License
This license authorizes the following activities…
• Non-private student loan servicing
• Private student loan 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
- Mortgage Lending Branch License
- Mortgage Lending License
- Mortgage Loan Originator License
- Mortgage Servicer Branch License
- Mortgage Servicer License
- Student Loan Servicer License
- All 8 Oregon 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.