Applying for Licensing & Existing Licensees

Applications

​If you have specific legal questions, please seek the advice of an attorney.

How To Apply:

Those wishing to apply for a Property Tax Lenders License must create an account and submit the application, using NMLS

New Property Tax Lender Application Checklist -Here you will find a link to forms and information that may need to be uploaded into NMLS.

Existing Licensees:

New Property Tax Lender applications must be submitted online using NMLS

Changes to a license or Masterfile such as a license address change, DBA update etc. must be processed in ALECS. For the menu of modifications click on Manage My Business

Owners/Principal Party Guide - Here you will find a step by step guide on adding or modifying owners (principal parties)

Amendments to licenses acquired in NMLS should be processed in NMLS. 

Transfer Existing License Application:

Beginning on December 1 2024, businesses needing a Property Tax Lender's license will need to apply online in NMLS. Property Tax Lender licenses are no longer transferable in ALECS. 

Forms

Personal Party Required Forms:

Personal Affidavit

Personal Employment History

Personal Questionnaire

Additional Forms

Bank Confirmation

Business Operation Plan

Exemption Form: Five or Less

Exemption: Second Degree of Consanguinity or Affinity

Financial Statement

Statement of Experience

For documents presented as PDF-fillable forms, Acrobat Reader is required to view, download, and complete. You must save all forms to your computer before entering data.