FAQ - Certificates of Exemption

Certificates of Exemption

1. Are there any exemptions from the licensing requirements for a mortgage company?

Yes. NRS 645B.015 provides several qualifications that a person may meet to be exempt from the licensing requirements for a mortgage company. However, any person seeking to conduct business under one of the exemptions must file an application for a certificate of exemption from the commissioner.

2. How do I make application for a certificate of exemption from the licensing requirements under NRS 645B?

A person claiming an exemption under NRS 645B.015 who only conducts commercial (non-residential) mortgage activity or does not employ any individual who must be licensed as a residential mortgage loan originator must submit their application for a certificate for exemption directly to the Division. The application may be obtained by contacting the Division at (775) 684-7060 and requesting the certificate of exemption application for Non-NMLS filers.

A person claiming an exemption under NRS 645B.015  who conducts residential mortgage activity or employs any individual who must be licensed as a residential mortgage loan originator must submit their application for a certificate for exemption through the NMLS to the Division. Additional information concerning the certificate of exemption application process can be obtained at NMLS .


If you have any further questions, please contact the Division at (702) 486-0782.