Application Fee
See agencyVerified by WI Board of Business
Mortgage Loan Originator Licensing in Wisconsin
Review current requirements, exam details, renewal cycle, and salary outlook for mortgage loan originator in Wisconsin, including See agency and board contact links.
Last verified: Feb 17, 2026
Current
Exam Requirement
Third-party exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Mortgage Loan Originator in Wisconsin
Estimated timeline: 1 monthCore Requirements
- 1
Education: Specific course required.
- 2
Background/Criminal Review: No criminal record prohibitions.
- 3
License Type: Stand-alone license.
- 4
This license is required of any individual who, for compensation or gain or in the expectation of compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan.
- 5
Pre-requisites for license applications?.
- 6
Education and testing: Pre-licensing education and testing is required for all mortgage loan originators.
- 7
Pre-licensing education courses and tests will be reviewed and approved by the NMLS and only NMLS approved course providers and testers will be accepted.
- 8
An applicant must complete at least 20 hours of approved education, including all of the following:.
- 9
=> 3 hours on federal law and regulations.
Exam and processing details
- Third-party exam required
Application Snapshot
- Licensing Authority
via Nationwide Mortgage Licensing System • WI Dept of Financial Institutions
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$79,230 median (7% above national)
- State Salary Rank
#13 of 50 states
Step-by-Step Process (6)
- 1. Meet Wisconsin eligibility requirements for Mortgage Loan Originator licensure.
- 2. Complete required education or training: Specific course required.
- 3. Document required supervised experience (An applicant must complete at least 20 hours of approved education, including all of the following:.).
- 4. Pass required examination steps: Third-party exam required.
- 5. Prepare supporting documentation (background check: No criminal record prohibitions; Background/Criminal Review: No criminal record prohibitions.; This license is required of any individual who, for compensation or gain or in the expectation of compensation or gain, takes a residenti...).
- 6. Submit the application to via Nationwide Mortgage Licensing System~WI Dept of Financial Institutions and monitor board communications.
Salary Insights in Wisconsin
With a median salary of $79,230, Mortgage Loan Originators in Wisconsin earn 7% above the national median of $74,180. Wisconsin ranks #13 among 50 states. The typical licensing timeline is 1 month.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+2.3%Average Weekly Wage
$1,213Median annual salary
$79,230Hourly estimate
$38.097% above national median
Difference: +$5,050
Percentile Distribution
Annual compensationMortgage Loan Originator Salary Ranking
#13 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 |
|---|---|---|---|---|
| Wisconsin | $79,230 | Specific course required | Third-party exam required | 1 month |
| Minnesota | $84,480 | Varies by state board | State-approved exam | Varies by board |
| Iowa | $80,070 | Specific course required | Both state and third-party exams required | Varies by board |
| Illinois | $75,960 | Varies by state board | State-approved exam | Varies by board |
| Michigan | $72,680 | Varies by state board | State-approved exam | 1 month |
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 |
|---|---|---|---|
| Wisconsin | 62 | Medium | State-specific exam conditions may apply. Background check or criminal history review is indicated. |
| Minnesota | 78 | High | Board-specific review required. |
| Iowa | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Illinois | 72 | Medium | Background check or criminal history review is indicated. |
| Michigan | 72 | Medium | Background check or criminal history review is indicated. |
- License status indicator: Active.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Official website verified
via Nationwide Mortgage Licensing System • WI Dept of Financial Institutions
201 W. Washington Ave, Suite 500, Madison, WI, 53703
Phone: 6082617578
Related Careers in Wisconsin
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $93,310 | No educational requirements | Varies by board |
| Audio and Video Technicians | $48,280 | Degree required | Varies by board |
| Certified Public Accountant | $78,150 | Degree required | Varies by board |
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FAQ
How long does it take to become a Mortgage Loan Originator in Wisconsin?
Most applicants finish the licensing path in about 1 month, but timing can change based on education track, exam scheduling, and board processing.
What exams are required for Mortgage Loan Originators in Wisconsin?
Wisconsin lists Third-party exam required as part of the licensure process for Mortgage Loan Originators.
What education do you need to become a Mortgage Loan Originator in Wisconsin?
The board typically expects Specific course required for Mortgage Loan Originator licensure in Wisconsin.
What is the typical Mortgage Loan Originator salary in Wisconsin?
The median annual salary for Mortgage Loan Originators in Wisconsin is $79,230. Salaries range from $50,130 (10th percentile) to $137,750 (90th percentile).
How does the Mortgage Loan Originator salary in Wisconsin compare to the national average?
Mortgage Loan Originators in Wisconsin earn 7% above the national median of $74,180, with a state median of $79,230.
How many Mortgage Loan Originators work in Wisconsin?
Wisconsin employs approximately 5,020 Mortgage Loan Originators according to BLS data.
Can I transfer my Mortgage Loan Originator license to Wisconsin 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 Wisconsin?
The licensing agency is via Nationwide Mortgage Licensing System / WI Dept of Financial Institutions. Review agency details at http://mortgage.nationwidelicensingsystem.org/slr/Pages/DynamicLicenses.aspx?StateID=WI.
How often do you renew a Mortgage Loan Originator license in Wisconsin?
Current guidance indicates a renewal cycle of See board renewal rules.