Applications
If you have specific legal questions, please seek the advice of an attorney.
How to Apply:
Businesses that need to apply for a Property Tax Lenders License must create an account and submit the application through NMLS. If you have an existing NMLS account for the entity you are needing to license, log in and apply through that existing account.
In ALECS, each 351 license was referred to as a Licensed Location. In NMLS, your first license is considered your Company License, and any additional locations requiring a 351 license will be treated as branch(es). An entity cannot hold a branch license without first obtaining a company license.
Refer to the links below for checklists of item requirements:
Property Tax Lender COMPANY License Checklist
Property Tax Lender BRANCH License Checklist
If you do not have an NMLS account, we recommend beginning the process of obtaining IRS paperwork that has the entity name and Federal Employer Identification Number(FEIN) with an exact match, if you do not already have these documents. Click on this link for an NMLS resource with quick tips on setting up your NMLS account.
Need help with NMLS? Call the NMLS Call Center!
- 1-855-665-7123
Monday - Friday from 9:00AM to 9:00PM Eastern Time
Available from all U.S. States and Territories
Existing Licensees:
The OCCC Property Tax Lenders transition period ended on May 17, 2025. New Property Tax Lender applications must be submitted online using NMLS.
Transfer Existing License Application:
Please note that the license transfer process has recently changed, though the item requirements remain the same. Beginning May 17, 2025, businesses needing to transfer a Property Tax Lender license must apply for a new license online through NMLS.
During the new application submission, please upload a copy of the asset purchase agreement signed by both the buyer and the seller, or any other documentation that demonstrates the transfer event to the MU1 Document Upload section of NMLS. Name your files TX Proof of Transfer as of 2025-10-14 (Date of the document) and upload it to the Additional Requirement(s) section of the MU1. Click here for an NMLS Document Upload guide.
If the seller has authorized you to operate under their license while your application is in review, you must complete and upload the "Request for Permission to Operate" form. Name your files TX Permission to Operate as of 2025-10-14 (Date of the document) and upload it to the Document Uploads Additional Requirement(s) section of the MU1. This form is available at the following link:
Forms
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.