Application Fee
See agencyVerified by NJ Board of Business
Mortgage Loan Originator Licensing in New Jersey
Review current requirements, exam details, renewal cycle, and salary outlook for mortgage loan originator in New Jersey, including See agency and board contact links.
Last verified: Feb 17, 2026
Current
Exam Requirement
State-approved examRenewal Cycle
See board renewal rulesLicensing Blueprint for Mortgage Loan Originator in New Jersey
Estimated timeline: Varies by boardCore Requirements
- 1
Background/Criminal Review: No criminal record prohibitions.
- 2
License Type: Stand-alone license.
Application Snapshot
- Licensing Authority
Department of Banking and Insurance • Division of Banking
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$95,090 median (28% above national)
- State Salary Rank
#2 of 50 states
Step-by-Step Process (5)
- 1. Meet New Jersey eligibility requirements for Mortgage Loan Originator licensure.
- 2. Complete approved education or training requirements.
- 3. Pass required state examinations.
- 4. Prepare supporting documentation (background check: No criminal record prohibitions; Background/Criminal Review: No criminal record prohibitions.).
- 5. Submit the application to Department of Banking and Insurance~Division of Banking and monitor board communications.
Salary Insights in New Jersey
With a median salary of $95,090, Mortgage Loan Originators in New Jersey earn 28% above the national median of $74,180. New Jersey ranks #2 among 50 states. The typical licensing timeline is Varies by board.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+2.4%Average Weekly Wage
$1,565Median annual salary
$95,090Hourly estimate
$45.7228% above national median
Difference: +$20,910
Percentile Distribution
Annual compensationMortgage Loan Originator Salary Ranking
#2 of 50 statesfor Mortgage Loan Originator median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | New York | $98,940 |
| #2 | New Jersey | $95,090 |
| #3 | Massachusetts | $93,430 |
| #4 | Vermont | $86,490 |
| #5 | Minnesota | $84,480 |
Nearby States Comparison
Mortgage Loan Originator licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| New Jersey | $95,090 | Varies by state board | State-approved exam | Varies by board |
| New York | $98,940 | Specific course required | Third-party exam required | Varies by board |
| Pennsylvania | $61,470 | Specific course required | State exam required | Varies by board |
| Delaware | $80,760 | Varies by state board | State-approved exam | Varies by board |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| New Jersey | 72 | Medium | Background check or criminal history review is indicated. |
| New York | 54 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Pennsylvania | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Delaware | 78 | High | Board-specific review required. |
- License status indicator: Active.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Official website verified
Department of Banking and Insurance • Division of Banking
PO Box 040, Trenton, NJ, 8625
Phone: 6092925340
Related Careers in New Jersey
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $97,980 | Specific course required | Varies by board |
| Audio and Video Technicians | $75,220 | Degree required | Varies by board |
| Certified Public Accountant | $101,340 | Degree required | Varies by board |
| Civil Engineer | $103,690 | Specific course required | Varies by board |
FAQ
How long does it take to become a Mortgage Loan Originator in New Jersey?
Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.
What is the typical Mortgage Loan Originator salary in New Jersey?
The median annual salary for Mortgage Loan Originators in New Jersey is $95,090. Salaries range from $38,880 (10th percentile) to $164,030 (90th percentile).
How does the Mortgage Loan Originator salary in New Jersey compare to the national average?
Mortgage Loan Originators in New Jersey earn 28% above the national median of $74,180, with a state median of $95,090.
How many Mortgage Loan Originators work in New Jersey?
New Jersey employs approximately 5,690 Mortgage Loan Originators according to BLS data.
Can I transfer my Mortgage Loan Originator license to New Jersey from another state?
Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Who is the licensing agency for Mortgage Loan Originators in New Jersey?
The licensing agency is Department of Banking and Insurance / Division of Banking. Review agency details at http://www.state.nj.us/dobi/banklicensing/liclend_newapps.html.
How often do you renew a Mortgage Loan Originator license in New Jersey?
Current guidance indicates a renewal cycle of See board renewal rules.