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).
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.
Division of Banking
South Dakota Department of Labor and Regulation
1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501