from web site

Nevada law specifies a "home mortgage business" as an individual, who directly or indirectly: (a) Holds himself or herself out for hire to work as an agent for anyone in an effort to acquire a loan which will be secured by a lien on real estate; (b) Holds himself or herself out for hire to serve as a representative for anybody who has money to lend, if the loan is or will be secured by a lien on real estate; (c) Holds himself or herself out as being able to make loans secured by liens on real estate; (d) Holds himself or herself out as having the ability to purchase or offer notes secured by liens on real estate; or (e) Provides for sale in this State any security which is exempt from registration under state or federal law and professes to make financial investments in promissory notes secured by liens on genuine property.
For extra information worrying wholesale lenders, please see the separate Wholesale Loan provider under NRS 645B FAQs page. Real estate consists of both property and commercial home.(NRS 645B. Found Here ).
The Division's website is a crucial tool to offer information and prompt updates. Our pages highlight news related to the mortgage loaning industry. Our goal is to offer a handy and useful website for industry individuals and consumers. Please visit the page often to find important market news and pointers.

3300 West Sahara Avenue, Suite 285, Las Vegas, NV 89102. (702) 486-0782. FAX: (702) 486-0785 1830 College Parkway, Suite 100, Carson City, NV 89706. (775) 684-7060. FAX: (775) 684-7061.

If you are a home mortgage broker in Nevada, you are needed by the Nevada Department of Service and Market Division of Home loan Financing (also known as MLD) to make an application for a license through the National Home Loan Licensing System (NMLS) and file a Nevada Home loan Business Surety Bond as a condition of licensure.

Surety Bond and License Requirements: Candidates need to finish the home loan broker application and pay the relevant finger print, NMLS, and credit report charges. Applicants need to have the ability to pass a background and credit check and have 5 years experience prior to application and a minimum of 2 years experience in lending cash for genuine estate.