Yes. The following individuals are not required to obtain a license as a mortgage agent:
1. A person who performs only clerical or ministerial tasks as an employee at the direction of and subject to the supervision and instruction of a person licensed or exempt from licensing under NRS 645B or NRS 645E, unless the person who performs such clerical or ministerial tasks is an independent contractor. “Clerical or ministerial tasks” is defined in NRS 645B.0104 (external link).
2. A natural person who only offers or negotiates terms of a residential mortgage loan:
3. A person solely involved in extensions of credit relating to timeshare plans, as that term is defined in 11 U.S.C. 101(53D).
4. A person or entity which only performs real estate brokerage activity and which is licensed or registered in accordance with Nevada law, unless the person or entity is compensated by a lender, mortgage broker, mortgage banker, or other residential mortgage loan originator or by any agent of such lender, mortgage broker, mortgage banker, or other residential mortgage loan originator. (NAC 645B.400
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