- Loan Broker License (Company)
- NMLS Cost: $500
- Qualifying Individual: an on-site manager is required at all locations
- Surety Bond Requirement: $25,000
- Supervised Lender License (Company)
- NMLS Cost: $350
- Qualifying Individual: an on-site manager is required at all locations
- Surety Bond Requirement: $50,000 per office location
- Loan Broker Branch License (Branch)
- NMLS Cost: $390
- Branch Manager: must work in branch location
- Surety Bond: $25,000
- Supervised Lender Branch License (Branch)
- NMLS Cost: $390
- Branch Manager: must work in branch location
- Minimum Net Worth: at least $25,000 per office location
- Surety Bond: $50,000 per office location
- Mortgage Loan Originator (Individual)
- NMLS Cost: $50
- Additional Costs: $15.00 per credit report, $36.25 per criminal background check