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Texas OCCC Regulated Lender NMLS Licensing Transition is Here

Prepared by NMLSLicenses.com

Important Update for Texas Regulated Lenders: OCCC Transition to NMLS Now Underway.

The Texas Office of Consumer Credit Commissioner (OCCC) has officially begun the transition process for Regulated Lender licenses into the Nationwide Multistate Licensing System (NMLS). This marks a major shift that affects every active license holder in many OCCC license categories—and the timeline is tight.

Many lenders are trying to get this unfamiliar process underway and there are challenges. With a September 15, 2025 deadline to file a Transition Application, failing to act in time could mean having to start over with a brand-new license application in the NMLS, which is even more time-consuming, complicated, and should be avoided.

To help clarify the path forward, we’ve prepared the following bulletin as a general resource to get your team organized, informed, and ready to meet the NMLS requirements and successfully renew your license later this year. Whether you’re just learning about this or already preparing your NMLS account, this guide offers step-by-step insight to keep your business on track and in compliance.

Critical Deadline: September 15, 2025

Regulated Lenders must file a Transition Application in the NMLS between July 15 and September 15, 2025.

If you miss this deadline, you will be required to file a completely new license application from scratch in NMLS—this is a significant setback in both time and cost.

Step-by-Step Transition Timeline

Step 1: Set Up NMLS Account

You can do this now.

Step 2: Submit Transition Application

Opens: July 15, 2025
Closes: September 15, 2025

Step 3: Complete License Renewal

File your annual license renewal in the NMLS November-December 2025.

Steps to get your business through the process:

Go to the NMLS website and go to “Create Company Account Request Form” – this is the initial form submitted to create a company record in the NMLS.
Do the Company Form “MU1” this is the “Transition Application.”
Complete the Individual Form “MU2.”
If you have more than one location, do the “MU3” form for each additional branch.

Have these items in front of you while you work in the NMLS:

Have your OCCC Regulated Lender License # in hand.
1. Principal party information (control person(s), etc), name, contact info, etc.
1. Statement of Experience
1. Registered Agent
1. Business Operating Plan
1. Statement of Record / Books and Records Custodian Information
1. Assumed Name Certificate

Common Pitfalls to Avoid

Waiting until the last minute (2 weeks or less from September 15^th)
Incorrect Registered Agent info (must match across OCCC, SOS, etc.)
Completing items that are not required
Incomplete or insufficient Business Plan / Statement of Experience
Failing to check for deficiency messages in NMLS from OCCC

Lessons from the Property Tax Lender Transition

Of the 70 or so Property Tax Lenders that recently went through this process with the OCCC and NMLS, approximately 15 (21%) had challenges during the transition.
If this trend holds, ~163 Regulated Lenders out of 777 may struggle
Email reminders and document checklists reduced confusion and increased success.

📣 Webinars & Support

The OCCC is hosting two webinars for Regulated Lenders, we recommend attending!
www.NMLSLicenses.com is pleased to provide this information and can also be hired to get your company through the NMLS setup and Transition Process.

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Our expertise in the Texas NMLS process

Navigating the new NMLS licensing and renewal process in Texas can be complex. Our expert team provides clear guidance and proven strategies to ensure compliance and streamline your licensing journey. With real support from knowledgeable professionals, you can confidently secure your new Regulated Lender license, or renewal, with the Texas Office of Consumer Credit Commissioner.

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Expert Support

Choose us to help navigate the new NMLS licensing and renewal process with the Texas Office of Consumer Credit Commissioner. We have secured licenses for clients in many states, but Texas is our backyard and OCCC licensing is our largest area of expertise. Our team does the heavy lifting as we lead your business through the Regulated Lender licensing process. Choose us, save time, get it done right, and focus on running your business.

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Other State Licenses

Not just NMLS Licensing Support in Texas

Assistance with payday loan, auto title loan, and financial services licensing. Texas Credit Access Business Licenses, UTAH NMLS licenses for payday lending, Missouri Consumer Installment, Nevada, New Mexico, Louisiana, Wisconsin.

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“Michael has supported our business through every stage of growth. We started working with him in 2012 for our Texas CAB license, then relied on him again when we expanded into Utah and faced a challenging NMLS process. Most recently, he helped us secure our Missouri Consumer Installment Lender license. I can’t say enough good things—Michael and his team know how to cut through complex licensing processes with speed and clarity.”

Testimonial from Marty M.