Mortgage Licensing Specialist

Lit Financial, LLC.; Troy (MI); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

401(k)

Paid Time Off

Job summary

LitFinancial is seeking a Mortgage Licensing Specialist to administer MLO licensing activities across multiple states from our Troy, MI office. You will ensure proper licensing, transfers, renewals, CE, and pre-licensing education while supporting onboarding and regulatory compliance.

Ideal candidates are highly organized, with strong attention to detail and the ability to manage deadlines in a fast-paced environment.

Qualifications

• 2+ years of mortgage licensing or related mortgage industry experience.
• Working knowledge of NMLS and SAFE Act licensing.
• Strong organizational and time-management skills.
• Excellent attention to detail with ability to manage multiple deadlines.
• Strong written and verbal communication skills.
• Proficiency with Microsoft Office Suite (Excel, Outlook, Word).
• Ability to work independently with minimal supervision.
• Strong problem-solving and critical-thinking abilities.

Responsibilities

• Coordinate and process MLO license transfers for new hires.
• Manage new state license applications through NMLS.
• Oversee annual license renewals for all licensed team members.
• Monitor license expiration dates and renewals.
• Track Continuing Education requirements and notify employees of deadlines.
• Monitor completion of SAFE pre-licensing education for new originators.
• Ensure licensing documentation is complete, accurate, and submitted on time.
• Maintain accurate licensing records for all MLOs.
• Assist originators with NMLS account updates and licensing questions.
• Research and stay current on state-specific licensing requirements and regulatory changes.
• Coordinate fingerprinting and background checks as required.
• Work with Recruiting, HR, Compliance, and Sales Leadership to align licensing timelines with onboarding.
• Generate reports on licensing status, expirations, and compliance metrics.
• Maintain confidentiality of licensing information.
• Identify opportunities to improve licensing workflows and efficiency.
• Perform additional administrative and compliance duties as assigned.

Skills

Organizational skills

Time management

Attention to detail

Written communication

Verbal communication

Problem-solving

Critical thinking

Independent work

Microsoft Office

Tools

Microsoft Office

HRIS Rippling

Job description

Job Title: Mortgage Licensing Specialist

Company: LitFinancial

Location: Troy, MI

Position Type: Full-time

Reports To: Senior Mortgage Trainer

LitFinancial is on a mission to be the most client focused mortgage company in the industry. As of 2025, LitFinancial has earned a perfect 5-star review with the Better Business Bureau and a 4.9 rating with hundreds of reviews from Google by delivering a world class experience. LitFinancial is a dynamic organization built with go-getters who are passionate, hardworking, and honest which fuels an incredible environment.

Position Overview

The Mortgage Loan Originator (MLO) Licensing Specialist is responsible for the administration and maintenance of all MLO licensing activities across multiple states. This role ensures new and existing Loan Originators remain properly licensed and compliant with federal and state licensing requirements. The specialist manages license transfers, new state license applications, renewals, continuing education requirements, and required pre-licensing education while serving as the primary internal resource for licensing-related questions. The ideal candidate is highly organized, detail-oriented, and capable of managing multiple deadlines in a fast-paced environment with minimal supervision.

Key Responsibilities

• Coordinate and process MLO license transfers for newly hired Loan Originators.
• Manage new state license applications through the Nationwide Multistate Licensing System (NMLS).
• Oversee annual license renewal process for all licensed team members.
• Monitor licensing expiration dates and ensure timely renewals.
• Track Continuing Education (CE) requirements and proactively notify employees of upcoming deadlines.
• Monitor completion of required SAFE pre-licensing education for new Loan Originators.
• Ensure all licensing documentation is complete, accurate, and submitted on time.
• Maintain accurate licensing records for all MLOs.
• Assist Loan Originators with NMLS account updates and licensing questions.
• Research and stay current on state-specific licensing requirements and regulatory changes.
• Coordinate fingerprinting, background checks, and other licensing prerequisites as required.
• Work closely with Recruiting, Human Resources, Compliance, and Sales Leadership to ensure licensing timelines align with onboarding and business needs.
• Generate reports on licensing status, expirations, pending applications, and compliance metrics.
• Maintain confidential employee licensing information.
• Identify opportunities to improve licensing workflows and increase efficiency.
• Perform additional administrative and compliance-related duties as assigned.

Qualifications

• 2+ years of mortgage licensing, mortgage operations, compliance, or mortgage industry experience.
• Working knowledge of NMLS and SAFE Act licensing requirements.
• Strong organizational and time management skills.
• Excellent attention to detail with the ability to manage multiple deadlines simultaneously.
• Strong written and verbal communication skills.
• Proficiency with Microsoft Office Suite (Excel, Outlook, Word).
• Ability to work independently with minimal supervision and take ownership of responsibilities.
• Strong problem-solving and critical-thinking skills.

Preferred Skills

• Experience managing multi-state MLO licensing preferred.
• Experience in a mortgage brokerage or mortgage banking environment.
• Familiarity with state regulatory agencies and licensing requirements.
• Experience using HRIS systems such as Rippling or similar platforms.

What We Offer

• Competitive salary plus performance bonuses
• Health, dental, and vision insurance
• 401(k)
• Paid time off and holidays
• Supportive and collaborative team environment
• Opportunities for career advancement