NH Banking Department Vehicle Seller Filing Requirements Due March 31, 2026

Financial Statements:
Financial statements are required to be filed within 90 days of your fiscal year end. If your fiscal year end is December 31^st, then the 2025 financial statement is due by March 31, 2026. (If your fiscal year end is a different date, it must be uploaded within 90 days of that date.) You must upload a copy of your balance sheet and income statement representing the full fiscal year to the NMLS under the financial statement section and labeled as an Annual filing. These can be internally prepared and do not have to be audited. You can find the instructions on how to upload the financial statements on the NMLS here: Submitting Annual Financial Statements.

Annual Reports:
The Annual Report is required to be submitted every year by March 31^st about the activity of the prior year. The 2025 Annual Report will be due March 31, 2026.

Step 1 is to go to the Department’s website and download the correct year’s Annual Report. You can find the 2025 Annual Report on the Motor Vehicle Retail Sellers and Sales Finance Company page. The first 2 pages of the Annual Report show the instructions. There is also a video that can be viewed, which is also listed on the link provided above or can be found here: Sales Finance Company and Retail Sellers Annual Report tutorial.

Step 2 is to complete the Annual Report with your activity in the previous year. In general, a retail seller will complete the first line of Schedule 1 with the total number of retail installment contracts that the retail seller helped complete, the total dollar amount of those contracts (adding all of the “amount financed” found on those retail installment contracts) and list the gross revenue made from those loans (only revenue from financing, such as payments from the lender and revenue from GAP). Generally, Schedule 2 and 3 will be zeros for a retail seller. Schedule 4 must be reviewed for accuracy and completed as well. Please read the instructions and watch the video, if needed, for further details to ensure all your activity is completed correctly.

Step 3 is to sign the document and upload it to the NMLS by updating your MU1 for “Document Uploads” and adding the Annual Report to the “Additional Requirement(s)” section for your New Hampshire license. You can find instructions about MU1 amendments on the NMLS here: Creating a Company MU1 Amendment Filing.

If you have any questions regarding the above requirements, please email or call the New Hampshire Banking Department at 603-271-8675 or licensing@banking.nh.gov.

Regards,
Licensing Division
New Hampshire Banking Department