Requirements for initial licensing as mortgage company or mortgage loan originator; regulations.
Nev. Rev. Stat. § 645B.0137
in effect1. In addition to any other requirements provided by this chapter, a person who wishes to receive an initial license as a mortgage company or mortgage loan originator must:
(a) Complete education on mortgage lending as required by this chapter and any regulations adopted thereto; and
(b) Successfully pass a written examination as provided for by the Division.
2. If the applicant for an initial license as a mortgage company is not a natural person, the applicant must designate a natural person to be the qualified employee of the applicant and meet the requirements of subsection 1.
3. The Division may hire a testing organization to create, administer and score a written examination.
4. The Commissioner shall adopt regulations to carry out the provisions of this section, including, without limitation:
(a) Regulations relating to the content of a written examination and the scoring of a written examination; and
(b) Regulations for compliance with the requirements for registration with the Registry and any other applicable federal law.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645B.htmlFetched: 10/4/2026
