MORTGAGE
The Mississippi S.A.F.E. Mortgage Act
The Mississippi S.A.F.E. Mortgage Act, under Section 81-18-1, et seq., charges the Mississippi Department of Banking and Consumer Finance (DBCF) with the responsibility for the licensing and regulatory supervision of Mortgage Brokers, Mortgage Lenders and Servicers, and Mortgage Loan Originators operating in Mississippi.
The Nonbank Division is responsible for the evaluation of applications for licensure, the issuance and maintenance of licenses for these types of companies and individuals and the periodic examination of licensed entities to ensure compliance with Mississippi laws.
All mortgage licensing is handled through the Nationwide Multistate Licensing System (NMLS).
NMLS and applications
For persons wishing to conduct business on Mississippi residential property, all types of applications are completed through the NMLS. Please click on the NMLS link in order to be transferred to their website. If you have any questions about the NMLS website or need assistance in completing the required forms, please contact the NMLS Call Center Help Line at 1-855-NMLS123 (1-855-665-7123).
NMLS is a secured, web-based system that will allow state licensees, companies, branches, and loan officers, to apply for, amend, update or renew licenses online in Mississippi as in other participating states.
Each licensed company will have a single record in NMLS, regardless of the number of licenses they hold or the number of states in which they operate. Each licensed company will have access to their record in the system through a secure website, allowing them to conveniently view license information, apply for new licenses, amend existing licenses, and renew or surrender licenses throughout the year.
Industry Resources
Important Information about the 2025 Renewal Period
MS DBCF FINAL Mortgage S.A.F.E Regulations Effective 3/1/2012, Last Amended 9/18/2018
Link to MS Code
Mississippi Mortgage Licensees Memorandum 06-02-21, Rescinding Interim Pandemic Preparedness and DBCF Response and Interim Regulatory Guidance–Temporarily Working from Home
Mississippi Mortgage Licensees Memorandum 11/08/23: Acquisition of 10% or More Interest in an Entity Licensed Under the Mississippi S.A.F.E. Mortgage Act