NMLS
Business & Finance abbreviation · Real Estate & Mortgage
| Stands for | Nationwide Multistate Licensing System |
|---|---|
| Categories | Business & Finance |
NMLS stands for Nationwide Multistate Licensing System, a real estate & mortgage abbreviation.
Online system used by state regulators to license and track mortgage companies, loan originators and other nonbank financial firms, assigning each a unique NMLS ID number that consumers can look up.
Example: Check the broker's NMLS number on Consumer Access before applying.
Usage notes
Launched in 2008 by state regulators and later used to implement the SAFE Act. The public NMLS Consumer Access website shows licenses held and any regulatory actions.
Related abbreviations
More real estate & mortgage abbreviations
- LTV – Loan-to-value ratio
- LVP – Luxury vinyl plank
- MBR – Master bedroom
- MIP – Mortgage insurance premium
- MLO – Mortgage loan originator
- MLS – Multiple listing service
- NN – Double net lease
- NNN – Triple net lease
- NOD – Notice of default
- NOI – Net operating income
- P&I – Principal and interest
- PITI – Principal, interest, taxes and insurance