Utah Mortgage Loan Originator License
individual licence · NMLS UTDFIORIGINATOR_I · DFI
Who Is Required To Have This License?
Individuals who:
• service closed-end consumer-purpose first mortgage loans, including modifications or assumptions, or
• originate or service open-end or subordinate lien mortgages.
Do not apply for this license if you already have an MLO license from the Utah Department of Commerce Division of Real Estate (DRE). The DFI waives its license requirement for such MLOs, and they do not need to apply for a waiver.
If you have questions about whether the DFI license if right for you, please ask your company's licensing specialist and visit our website for further details.
Requirements (2)
Step 1
Company Sponsorship: Sponsorship is not required. The Utah DFI will neither approve nor deny sponsorship information entered into the NMLS. You may interpret this lack of action as a non-objection.Submitted via: Email to Andrea Staheli at astaheli@utah.gov
Step 2
Surety Bond: An individual must be covered by a surety bond that meets minimum surety bonding requirements based on origination volume. The surety bond can be for the individual or for a business entity (employer) that elects to provide coverage for multiple individuals. Surety bond requirements for individuals and business entities are outlined in Utah Administrative Code R343-5-2 and R343-5-3. If you wish to obtain our bond form, please email your request to msb.dfi@utah.gov.Submitted via: Upload in NMLS: Upload document in NMLS in the Agency Guidance section under Document Type Additional Upload Requirements of the MU4. If you are providing an individual bond, name it MLO Surety Bond. If coverage is under a company bond, save both the bond and a statement from a company official confirming the MLO is covered as one file. Name it Surety Bond and MLO Coverage Confirmation.
General information
Activities Excluded from Coverage
Here is a list of activities not covered by this license with links to applicable information.
• Brokering and retail origination of closed-end residential first mortgages: Utah DRE licenses.
• Loan processing or underwriting: This Department’s definition of a loan originator is in Utah Code Annotated§ 70D-3-102(12)(a). It does not include an individual who is engaged solely as a loan processor or underwriter.
Contact Information
Phone: 801-538-8830
Email: msb.dfi@utah.gov
Other Utah mortgage licenses
- Escrow Agency Registration
- Mortgage Branch Office License
- Mortgage Entity License
- Mortgage Loan Originator License
- All 5 Utah licenses
Sourced from the NMLS/CSBS state licensing record, last updated July 28, 2026. Requirements change — confirm against the state agency before filing. Not legal advice.