Hello!

I am trying to figure out whether we need to have our NMLS # on the application of a denied loan. The MLO has their number, but we do not put our institution number on the application if it was denied. I cannot find anything that specifically states this.

Thank you!

Loan denial or approval is not pertinent.

(g) Name and NMLSR ID on loan documents. (1) For a consumer credit transaction secured by a dwelling, a loan originator organization must include on the loan documents described in paragraph (g)(2) of this section, whenever each such loan document is provided to a consumer or presented to a consumer for signature, as applicable:

(i) Its name and NMLSR ID, if the NMLSR has provided it an NMLSR ID; and

(ii) The name of the individual loan originator (as the name appears in the NMLSR) with primary responsibility for the origination and, if the NMLSR has provided such person an NMLSR ID, that NMLSR ID.

(2) The loan documents that must include the names and NMLSR IDs pursuant to paragraph (g)(1) of this section are:

(i) The credit application;

Even if the application is handwritten?

I am not sure how the applicant completes the application form comes into play. If you provided the application to the applicant, it should have already included that information.

Handwritten, submitted via online system, completed by typewriter (for those of you under 30, that is a .... never mind), or submitted in pencil or ink -- it doesn't matter.

completed by typewriter (for those of you under 30, that is a .... never mind)

Can you imagine trying to complete today's 1003 using a typewriter?