LicenseCompass

Mortgage Loan Originator License in New York

Quick Answer

To obtain a Mortgage Loan Originator in New York, review the requirements from NYS Department of Financial Services~Applications and Licensing.

Background Check
Required

Requirements

Mortgage Loan Originator license in New York

bronze
Education
Specific course required
Exam
Third-party exam required
Background Check
No criminal record prohibitions
Continuing Education
No continuing education requirement to maintain license
Veterans Benefits
N/A - Not displayed

Licensing Agency

NYS Department of Financial Services~Applications and Licensing

Mortgage Loan Originator Salary in New York

Entry Level

$49,240

Median

$98,940

Experienced

$217,490

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Mortgage Loan Originator in New York.

  1. 1

    Complete Education Requirements

    Specific course required

  2. 2

    Submit Background Check

    No criminal record prohibitions

  3. 3

    Pass the Required Exam

    Third-party exam required

  4. 4

    Submit Your Application

    File your application with the licensing agency.

  5. 5

    Receive Your License

    Processing times vary. Check with your state licensing board for current timelines.

Considering another state?

Compare Mortgage Loan Originator requirements across states.

View all states →

Data from CareerOneStop (DOLETA/DEED). Last updated: February 14, 2026.