Licensing Kit - Office of Consumer Credit Commissioner - occc state tx 2025

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In summary, if youre thinking about becoming a hard money lender in Texas and plan to focus on commercial properties, you likely do not need a license. However, once you start lending for consumer purposes, such as financing a primary residence, you could be subject to more stringent regulatory requirements.
The mission of the Office of Consumer Credit Commissioner (OCCC) is to regulate the credit industry and educate consumers and creditors, fostering a fair, lawful, and healthy credit environment for social and economic prosperity in Texas.
Regulated Lenders | Texas Office of Consumer Credit Commissioner.
How to Get a Texas Loan Originator License Create an NMLS User Account. Learn More. Complete Education Requirements. Learn More. Take Exam Prep Class and Practice Exams. Learn More. Pass the Exam at Prometric. Learn More. Complete Background Check, Credit Check, and Fingerprints. Learn More.
The OCCC licenses and regulates non-depository lenders in the state of Texas. Select an industry below for more regarding the industry license application requirements. Commercial Motor Vehicle Sales Finance. Crafted Precious Metals Dealers. Credit Access Businesses.
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All applications for OCCC licenses must be submitted online in ALECS except for Property Tax Lender licenses, which must be submitted through NMLS. Fingerprint instructions will be sent to you by your reviewer if prints are required.

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