New Hampshire has amended provisions regarding the licensing laws of mortgage loan originators (MLO) from other states. The commissioner may conditionally approve an application for an MLO license if the applicant is currently licensed as a loan originator in another state and has met the requirements for issuing an MLO license in New Hampshire. The conditional approval expires after 60 days if the applicant does not provide proof of obtaining the required two hours of New Hampshire mortgage law education.
These provisions are effective starting August 28, 2017.