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Mortgage Loan Originator Licensing in Wyoming

Review current requirements, exam details, renewal cycle, and salary outlook for mortgage loan originator in Wyoming, including See agency and board contact links.

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State exam required

Renewal Cycle

Renewal al (annually

Licensing Blueprint for Mortgage Loan Originator in Wyoming

Estimated timeline: 7 years

Core Requirements

  1. 1

    Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx) 2.

    • Provide certification of 20 completed hours of pre-licensure education courses. 3.
    • Obtain a passing grade on both the state and national components of the SAFE test. 4.
    • Provide fingerprints for background check. 5.
    • Authorize a credit report. 6.
    • Be sponsored employed by and sponsored by a company with a unique NMLS number.
    • Continuing Education There is no continuing education requirements for mortgage loan originators.
    • Restrictions Had a mortgage loan originator license revoked by any governmental jurisdiction.
    • Has been convicted or pled guilty to a felony crime during the 7 years preceding the loan application or at any time preceding the loan application in the case of fraud, dishonesty, breach of trust, or money laundering.
    • Has not demonstrated financial responsibility, character, and/or general fitness.
    • Schools located in Wyoming American Mortgage Training, AMT Campus- Cheyenne http://amtcampus.com/ The courses required for this license are offered online by the NMLS at http://mortgage.nationwidelicensingsystem.org/profreq/education/Pages/default.aspx License A license to practice as a mortgage loan originator must be obtained through the Wyoming Division of Banking.
    • Licenses expire annually on December 31st.
    • Examination The examination required for this license are offered online by the NMLS at http://mortgage.nationwidelicensingsystem.org/profreq/education/Pages/default.aspx Fees National exam with uniform state component . . . . . . ... $110 License. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . .$150 Renewal (annually). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .$120 Licensing Agency Christina Straw Wyoming Division of Banking 122 W 25th Street 3rd Floor West Cheyenne, WY 82001 Phone: (307) 777-6483 http://wyomingbankingdivision.wyo.gov/home Additional Sources of Information The Association of Mortgage Brokers 601 Pennsylvania Ave.
    • NW, South Building Washington, DC 20004 Phone: (202) 434-8250 Fax: (530) 484-2906 https://www.namb.org/ Occupational Outlook Handbook https://www.bls.gov/ooh/business-and-financial/loan-officers.htm Last Updated June 2023
  2. 2

    Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx) 2.

    • Provide certification of 20 completed hours of pre-licensure education courses. 3.
    • Obtain a passing grade on both the state and national components of the SAFE test. 4.
    • Provide fingerprints for background check. 5.
    • Authorize a credit report. 6.
    • Be sponsored employed by and sponsored by a company with a unique NMLS number.
    • Continuing Education There is no continuing education requirements for mortgage loan originators.
    • Restrictions Had a mortgage loan originator license revoked by any governmental jurisdiction.
    • Has been convicted or pled guilty to a felony crime during the 7 years preceding the loan application or at any time preceding the loan application in the case of fraud, dishonesty, breach of trust, or money laundering.
    • Has not demonstrated financial responsibility, character, and/or general fitness.
    • Schools located in Wyoming American Mortgage Training, AMT Campus- Cheyenne http://amtcampus.com/ The courses required for this license are offered online by the NMLS at http://mortgage.nationwidelicensingsystem.org/profreq/education/Pages/default.aspx License A license to practice as a mortgage loan originator must be obtained through the Wyoming Division of Banking.
    • Licenses expire annually on December 31st.
    • Examination The examination required for this license are offered online by the NMLS at http://mortgage.nationwidelicensingsystem.org/profreq/education/Pages/default.aspx Fees National exam with uniform state component . . . . . . ... $110 License. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . .$150 Renewal (annually). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. .$120 Licensing Agency Christina Straw Wyoming Division of Banking 122 W 25th Street 3rd Floor West Cheyenne, WY 82001 Phone: (307) 777-6483 http://wyomingbankingdivision.wyo
  3. 3

    Education: No educational requirements.

  4. 4

    Background/Criminal Review: No criminal record prohibitions.

  5. 5

    Physical Requirement: No physical requirements.

  6. 6

    Certification: Certification required.

  7. 7

    License Type: Tied to business.

  8. 8

    LOAN OFFICERS SOC Code 13-2072 Entry Salary $24.56/hour Average Salary $31.43/hour Job Description Mortgage loan originators typically work with a borrower to complete a mortgage transaction.

  9. 9

    This may include interviewing mortgage applicants, screening initial loan requests, collecting financial information to be used in the loan underwriting process, and monitoring the loan from application to closing.

  10. 10

    Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx) 2.

  11. 11

    Provide certification of 20 completed hours of pre-licensure education courses.

  12. 12

    Provide fingerprints for background check.

  13. 13

    Continuing Education There is no continuing education requirements for mortgage loan originators.

Exam and processing details

  • National exam with uniform state component

Continuing education and program notes

  • certification of 20 completed hours of pre-licensure education courses

Application Snapshot

  1. Licensing Authority

    WYOMING DIVISION OF BANKING

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    Renewal al (annually

  4. Salary Position

    $76,460 median (3% above national)

  5. State Salary Rank

    #20 of 50 states

Step-by-Step Process (7)

  1. 1. Confirm eligibility prerequisites (Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicens...; Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicens...).
  2. 2. Complete required education or training: No educational requirements.
  3. 3. Document required supervised experience (Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicens...).
  4. 4. Pass required examination steps: State exam required National exam with uniform state component.
  5. 5. Prepare supporting documentation (background check: No criminal record prohibitions; Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicens...; Complete an individual application form through the Nationwide Mortgage Licensing System (NMLS) website (http://mortgage.nationwidelicens...).
  6. 6. Submit the application to WYOMING DIVISION OF BANKING and monitor board communications.
  7. 7. Maintain post-licensure compliance (renewal cycle: Renewal al (annually; continuing education: No continuing education requirement to maintain license).

Salary Insights in Wyoming

With a median salary of $76,460, Mortgage Loan Originators in Wyoming earn 3% above the national median of $74,180. Wyoming ranks #20 among 50 states. The typical licensing timeline is 7 years.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+3.5%

Average Weekly Wage

$1,175

Median annual salary

$76,460

Hourly estimate

$36.76
3% above national median

Difference: +$2,280

Percentile Distribution

Annual compensation
  • P1010th percentile$46,330
  • P2525th percentile$57,770
  • P50Median$76,460
  • P7575th percentile$106,310
  • P9090th percentile$142,950

State vs National Median

State: $76,460
National: $74,180

Total employment: 750 | Annual openings: N/A

Mortgage Loan Originator Salary Ranking

#20 of 50 statesfor Mortgage Loan Originator median salary
RankStateMedian Salary
#1New York$98,940
#2New Jersey$95,090
#3Massachusetts$93,430
#4Vermont$86,490
#5Minnesota$84,480

Nearby States Comparison

Mortgage Loan Originator licensing across the region
StateMedian SalaryEducationExamTimeline
Wyoming$76,460No educational requirementsState exam required7 years
Montana$65,960Varies by state boardState-approved examVaries by board
South Dakota$78,590Varies by state boardState-approved examVaries by board
Nebraska$75,730Varies by state boardState-approved exam1 month
Colorado$79,800Specific course requiredThird-party exam required1 month
Utah$60,870Varies by state boardState-approved examVaries by board
Idaho$64,380Varies by state boardState exam required1 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.

StateReciprocity ScoreTierNotes
Wyoming62MediumState-specific exam conditions may apply. Background check or criminal history review is indicated.
Montana78HighBoard-specific review required.
South Dakota78HighBoard-specific review required.
Nebraska78HighBoard-specific review required.
Colorado56MediumState-specific exam conditions may apply. Documented experience may be required.
Utah78HighBoard-specific review required.
  • License status indicator: Active.
  • Continuing education indicator: No continuing education requirement to maintain license.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

WYOMING DIVISION OF BANKING

2300 CAPITOL AVENUE, SECOND FLOOR, CHEYENNE, WY, 82002

Phone: 3077776483

Visit Official WebsiteCall BoardOpen in Maps

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FAQ

How long does it take to become a Mortgage Loan Originator in Wyoming?

Most applicants finish the licensing path in about 7 years, but timing can change based on education track, exam scheduling, and board processing.

What exams are required for Mortgage Loan Originators in Wyoming?

Wyoming lists State exam required as part of the licensure process for Mortgage Loan Originators.

What education do you need to become a Mortgage Loan Originator in Wyoming?

The board typically expects No educational requirements for Mortgage Loan Originator licensure in Wyoming.

What is the typical Mortgage Loan Originator salary in Wyoming?

The median annual salary for Mortgage Loan Originators in Wyoming is $76,460. Salaries range from $46,330 (10th percentile) to $142,950 (90th percentile).

How does the Mortgage Loan Originator salary in Wyoming compare to the national average?

Mortgage Loan Originators in Wyoming earn 3% above the national median of $74,180, with a state median of $76,460.

How many Mortgage Loan Originators work in Wyoming?

Wyoming employs approximately 750 Mortgage Loan Originators according to BLS data.

Can I transfer my Mortgage Loan Originator license to Wyoming from another state?

Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: No continuing education requirement to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Mortgage Loan Originators in Wyoming?

The licensing agency is WYOMING DIVISION OF BANKING. Review agency details at http://wyomingbankingdivision.wyo.gov/home/areas-of-regulation/mortgage-lending.

How often do you renew a Mortgage Loan Originator license in Wyoming?

Current guidance indicates a renewal cycle of Renewal al (annually.