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All licensees who need to add a MLO License Endorsement are required to complete Form MU4. This form enables the NMLS system to capture and store criminal background-check information, enables the credit report to be authorized, and stores education and testing requirement compliance information.
How many years of employment and residential history does the NMLS need on your MU4 form?
Residential history, including to and from dates (mm/yy) and addresses for the past 10 years. Employment history, including to and from dates (mm/yy) and addresses for the past 10 years. All names used since age the age of 18, including alias, aka, maiden name, etc.
What is an MU1 in NMLS?
A corporation performing residential mortgage loan originator (MLO) activities must file a Company (MU1) form for the corporation and an Individual (MU4) form for the designated broker/officer electronically through NMLS to obtain a Company MLO license endorsement.
What is MU1?
Form MU1 means the uniform licensing form, entitled NMLS Company Form, developed by the Nationwide Multistate Licensing System Registry and used to provide information on a company or sole proprietor registration applicant.
What is an MU2 in NMLS?
An electronic application used for reporting administrative and background disclosures about a control person, qualifying individual, or a branch manager. An Individual (MU2) can only be filed as part of a Company (MU1) or Branch (MU3) filing, and attestation by the individual is required.
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The NMLS Company (MU1) Form must be completed by a company applying for a license in one or more states. If the company is applying for new licensure, the Individual (MU2) Form must also be completed for control persons, qualifying individuals, and branch managers.
nmls mu1
Company (MU1) Form Filing
Apr 30, 2020 A company form must be submitted/filed to each state regulator through NMLS. The state regulator will review your request, update the license
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