Mortgage Banker/Broker License/Mortgage Loan Originator
IowaActive
- Exam
- State + third-party exam
- Education
- Specific course
- Experience
- Experience
- Background check
- Required
License to act as a mortgage banker or mortgage broker. A mortgage banker is any person or entity that makes, originates, or services at least 4 mortgage loans on residential property in Iowa within a calendar year. A mortgage broker is any person or entity that arranges or negotiates at least 4 mortgage loans on residential property in Iowa within a calendar year.
Requirements reported by the state
- Licence type
- Tied to business
- Exam
- Both state and third-party exams required
- Education
- Specific course required
- Continuing education
- Continuing education required
- Certification
- Certification required
- Experience
- Experience
- Background check
- Background check required
Issuing body
- Department
- Iowa Department of Commerce, Iowa Division of Banking
- Division
- Iowa Department of Commerce, Iowa Division of Banking
- Address
- 200 East Grand Avenue Suite 300 Des Moines, IA 50309
- Phone
- (515) 281-4014
- Agency website
- https://commerce.iowa.gov/division-banking
- Licence page
- https://mortgage.nationwidelicensingsystem.org/slr/Pages/DynamicLicenses.aspx?StateID=IA
- Last updated
- April 12, 2023
Occupations (O*NET)
- Mortgage Loan Originator 13-2072.00
Source and verification
This record is Iowa's report to the Analyst Resource Center, published by CareerOneStop (October 2024 export). Everything shown comes only from that report.
Before you apply, confirm every detail with Iowa Department of Commerce, Iowa Division of Banking — see the issuing body section above.
How we process this data. Not legal advice.