1. Review Personal Information:
It's vital to ensure all personal details, such as contact information and legal name, are accurate and up-to-date in your NMLS account.
2. Complete Continuing Education:
Fulfill any required continuing education courses, which may vary depending on your state and license type.
3. Pay Renewal Fees:
Pay the requisite renewal fees promptly to avoid any disruptions in your licensing.
4. Update Employment Information:
Keep your employment history current in the NMLS system, including any changes in your employer or job position.
5. Resolve Criminal History:
If you've had any criminal charges or convictions, be prepared to provide documentation and explanations as needed.
6. Provide Regulatory Actions Disclosure:
Disclose any regulatory actions taken against you, such as license suspensions or revocations, within the specified timeframe.
7. Comply with State-Specific Requirements:
Different states may have unique renewal requirements, so ensure you're aware of and meet these criteria.
8. Renew Surety Bond or Letter of Credit:
If applicable, renew or maintain your surety bond or letter of credit as required by your licensing authority.
9. Maintain a Valid MU4 Form:
Keep your MU4 Form up-to-date with accurate information on your employment and disciplinary history.
10. Submit Your Renewal Application:
Finally, submit your renewal application through the NMLS portal by the designated deadline.