Get a Texas Mortgage Broker License / Loan Officer License

Step 1

Determine if you are required to be licensed, and if you are qualified by reviewing the Texas Mortgage Broker License Act and its regulation. The Texas Loan Officer license is distributed by the Texas Savings and Loan Commission. Please review requirements and procedures on this website.

Step 2

Print a copy of the application form from the SML website. The application is designed for both a Mortgage Broker and Loan Officer applicant. (NOTE: It is extremely important that the most current version of the application be used.)

Step 3

CAREFULLY read all of the instructions before filling out the application. Use the checklist to ensure you provide all of the documentation required to complete your application. If someone else completes the application for you, be certain that you have read the document BEFORE you sign it before a notary public. If any false information is provided, even in error, you will be held accountable!

Step 4

Schedule an appointment to take the pre-licensing examination with the provider, Promissor, Inc. A loan officer applicant must pass the Loan Officer Pre-licensing Examination, but may take the Mortgage Broker Pre -licensing Examination if so desired. There is no expiration date associated with the prelicensing examination, nor is there a limit to the numbers of times you can schedule the examination if you have previously failed.

Step 5

After you have completed the application, mail the application to the department at the address in the upper left hand corner of the application. (Note: Any application received without the appropriate fee will be immediately mailed back to the applicant.)

Step 6

You can determine when your application begins processing by checking this link: “Mortgage Broker / Loan Officer Search Page”.

Step 7

The licensing analyst processing your application will generally contact you via the fax number (1st) or email address (2nd) you provide on your application to let you know if your application is complete or if additional information is necessary from you. Remember that “complete” does not mean that it is approved; it only refers to our receipt of the information necessary to begin the review process. Still required might be the processing of your fingerprint card, review of your personal financial statement (if applicable), verification of your lawful alien status, etc. You may continue to receive additional emails from other staff regarding the further processing of your application because of the distribution of functional responsibilities among certain staff members.

Step 8

When it is determined your application package is totally complete and ready for final review, a Licensing Analyst will forward your electronic file either to the Lead Licensing Analyst or to the Investigator, depending on the information gathered on the applicant. If no concerns or omissions are found, the Lead Licensing Analyst will issue the license.

Step 9

If you are granted a license, the Mortgage Broker / Loan Officer Search Page, will be updated immediately upon issuance. The paper license will be mailed to the primary business address of the mortgage broker (for both the mortgage broker and any sponsored loan officers.) You should receive your license within 10 business days, allowing for license printing and preparation, and the USPS delivery time.