- NMLS Cost: $500
- Additional Costs: $36.25 per criminal background check
- Surety Bond Requirement: varies ranging from $100,000 to $150,000 depending on volume (contact us for more details)
- Minimum Net Worth: solvent
Mortgage Banker License (Company)- NMLS Cost: $500
- Additional Costs: $36.25 per criminal background check
- Surety Bond Requirement: varies ranging from $100,000 to $150,000 depending on volume (contact us for more details)
- Minimum Net Worth: solvent
Mortgage Broker License (Company)- NMLS Cost: $60
- Additional Costs: $15.00 per credit report
- Branch Manager: required and must have active Iowa mortgage loan originator license; Iowa requires the upload of a copy of the branch manager's employment contract
Mortgage Branch Registration (Branch)- NMLS Cost: $80
- Additional Costs: $15.00 per credit report, $36.25 per criminal background check
Mortgage Loan Originator (individual)