Department of Labor and Regulation

Title - Banking

Mortgage Lender License Information

Notice: All applications and amendments must be submitted through the National Mortgage Licensing System (NMLS).

South Dakota Codified Law (SDCL) 54-14 defines a mortgage lender as “any person who, for valuable consideration, originates, sells, or services mortgages, or holds himself, herself, or itself out as a person who, for valuable consideration, originates, sells or services mortgages, other than those exempt pursuant to SDCL 54-14-21.”

Any person or entity meeting this definition must apply for licensure as a mortgage lender using the National Mortgage Licensing System (NMLS).

National Mortgage Licensing System (NMLS)

Application Process

Renewal Information

Amendments

Costs

Mortgage Lender Bond Form (in Adobe .pdf format*)

If you cannot find the information you are looking for among the topics listed to the left or through one of the options above, please contact us.

Contact Us

Division of Banking
South Dakota Department of Labor and Regulation
1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501
Phone: 605.773.3421
Fax: 866.326.7504
email: banking@state.sd.us

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Marcia Hultman, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184