FAILURE TO TRANSITION ONTO THE NMLS WILL IMPACT RENEWAL AS THE COMPANY WILL NEED TO RENEW VIA THE NMLS
Please do not wait until the last minute to start this process request to create an account. Once the company account is created you will then need to complete the transition by creating an MU1 (application) and MU2 (for individuals)
NOTE: TO CREATE THE COMPANY ACCOUNT YOU WILL NEED A COPY OF THE NH SECRETARY OF STATE GOOD STANDING AND A COPY OF EITHER IRS SS-4 (issued when set up with IRS OR IRS 147C LETTER).
There is no processing fee for transitioning an existing license onto the NMLS nor do you need to complete either a criminal or credit check again unless adding a new control person. Be sure to follow the instructions for a Company and not an Individual even if you are a Sole Proprietor.
More information about the NMLS can be found on the NMLS Resource Center.
The NMLS Resource Center provides step-by-step instructions on how to access the system, guides on how to complete the forms, transition plans, requirements, and tutorials. Using your mouse click on the link below to a PowerPoint presentation that outlines the process:
If you have any questions regarding the change to the statute which requires maintaining the company license on the NMLS please do not hesitate to contact Licensing at email@example.com or 603-271-8675.
For specific questions about how to transition, contact the NMLS call center at 1-855-NMLS-123 (1-855-665-7123).