Nevada Division of Mortgage Lending

The State of Nevada Division of Mortgage Lending (MLD) is a regulatory agency under the Department of Business & Industry, responsible for overseeing and licensing mortgage companies, mortgage loan originators, and other related financial services professionals within the state of Nevada. Its primary mission is to protect consumers by ensuring that mortgage activities adhere to state and federal laws and regulations, including NRS 645B and NRS 645F. The Division facilitates licensing through platforms such as the Nationwide Multistate Licensing System (NMLS) for residential entities, and direct applications for commercial-only mortgage companies.

MLD ensures compliance through various mechanisms, including requiring monthly activity reports from licensed companies and publishing enforcement actions. They provide resources for both consumers, such as complaint submission and fraud prevention, and industry professionals, offering information on statutes, regulations, and education requirements. The agency maintains a public search tool for licensees and offers detailed FAQs regarding licensing for various roles within the mortgage and related financial service sectors.

Based in Carson City, NV, the Division plays a crucial role in maintaining integrity and transparency within Nevada's mortgage lending industry. While this entity does not originate or service loans itself, its oversight is essential for the operations of all licensed mortgage companies and loan originators across residential and commercial sectors in the state.