Veterans License Fee Waiver Program - Mortgage Loan Originator

​​What is the Veterans Professional/Occupational Licensure Fee Waiver Program?

Wisconsin Act 209 (effective July 1, 2012) requires that the Wisconsin Department of Financial Institutions (DFI) establish and maintain a program that grants fee waivers for initial licenses to qualified Wisconsin veterans.

Under this program:

  • Each qualified applicant is eligible for only one initial license fee waiver.
  • The fee waiver applies only to licenses that are issued to individuals, and not to licenses issued to businesses or other entities.
  • Waivers are not permitted for license renewals.

How to Apply for a Waiver

The Wisconsin Department of Veterans Affairs (WDVA) determines eligibility for this program. WDVA will issue a voucher to applicants who are deemed eligible for a fee waiver. To review eligibility rules or apply for a voucher, visit the WDVA’s fee waiver web page.

How to Redeem Your Voucher

You may redeem your voucher when you apply for your initial license. Since the license application of a mortgage loan originator is processed through the Nationwide Mortgage Licensing System (“NMLS”), you should choose the NMLS application that is titled “Mortgage Loan Originator (Wisconsin Veterans).” With this application, the application fee of $250 will be waived. You should obtain your fee waiver voucher number prior to applying for your license through NMLS.

Once Wisconsin DFI begins the review of the Wisconsin Veterans Mortgage Loan Originator application, staff will request the voucher code obtained from the WDVA ​from the applicant.

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Phone: (608) 261-7578