Original Applications

Starting September 1st, we will begin using the NMLS to manage all license types. Through NMLS, your company will be able to apply for its license conveniently and safely online.  Additional, information can be found on the NMLS Checklist Compiler by choosing AL – SBD. 

Non-Mortgage Consumer Credit Act Original License Application  
The Non-Mortgage Consumer Credit license is for entities that are conducting traditional financing activities but do not extend credit on mortgage transactions.

Small Loan Act Original License Application
This license type is for licensees who extend credit under $1,500.  Licensees who are also applying for a Consumer Credit or Non-Mortgage Consumer Credit License should apply for the "Section 22 Small Loan License" instead of the "Small Loan License".

Section 22 Small Loan License Application
This license type is for licensees who extend credit under $1,500 and are also applying for a Consumer Credit License or Non-mortgage Consumer Credit License.

Pawnshop Act Original License Application
This license type is for traditional pawnshop and title pawn lenders.

Deferred Presentment Services Act Original License Application
This license type is for online and storefront payday lenders.

Consumer Credit Act Original License Application (Mortgage Lending)
This license type is for residential mortgage lending and other residential mortgage business activities.

Mortgage Brokers Licensing Act Original License Application
This license type is for Mortgage Brokering, Mortgage Processing, Mortgage Underwriting, and Lead Generation.

Mortgage Loan Originator Original License Application
Any person who directly or indirectly solicits, processes, places, or negotiates mortgage loans for a borrower, or offers to solicit, process, place, or negotiate mortgage loans for a borrower is required to be licensed under the Alabama Mortgage Broker Licensing Act.

Renewal: Transitioning to NMLS

From 9/1/26 to 12/31/26 all Alabama Banking Department Licenses are required to be transitioned onto the NMLS.  The transition process will take the place of your 2027 renewal.  All licenses that are transitioned will have their license expiration date updated to 12/31/27.  For additional information click here. If you need assistance obtaining your transition number click here. Transition Checklists can be found here.

NOTE: Consumer Credit Licensees
Current Consumer Credit Licensees, engaged solely in non-mortgage consumer credit activities, will no longer maintain a Consumer Credit license and must transition to the new Non-Mortgage Consumer Credit license through NMLS.

Current Consumer Credit Licensees who also have a Small Loan License will no longer maintain a small loan license and must transition to the new Section 22 Small Loan License.