December 22, 2022 21:13 Updated Follow There are no exemptions to licensing for MLOs. An individual that meets the definition of a Mortgage Loan Originator in the DFI SAFE rule is required by law to be licensed. Related articles Who needs a Mortgage Loan Originator license from Indiana DFI? How do I apply for a mortgage loan originator license? Can a state chartered depository institution close if there is an emergency? How do I find out if a mortgage lender is licensed by DFI? Do money transmitters who are located out of state required to obtain a license as an Indiana money transmitter?