Marcia Hultman

Cabinet Secretary

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Banking

Nonresidential Mortgage Lender License

Pursuit to South Dakota Codified Law (SDCL) 54-14-13.5, any company lending money for ONLY nonresidential mortgage loans must hold a mortgage lending license but is exempt from using the NMLS and other provision of SDCL 54-14. The Non-Residential Mortgage Lender License Application form and instructions are available on our Forms page.

Those needing to renew the license should use the Renewal Application for a Non-Residential Mortgage Lender License, which will be available from this website only during the renewal period (Nov. 1 through Dec. 31).