- NMLS Cost: $1,601
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Qualifying Individual: must have at least two (2) years of mortgage experience
- At least one employee must be licensed as a loan originator at a licensed location
- Surety Bond Requirement: $25,000 (electronic)
Mortgage Broker License (Company)- NMLS Cost: $1,601
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Qualifying Individual: must have at least two (2) years of mortgage experience
- At least one employee must be licensed as a loan originator at a licensed location
- Surety Bond Requirement: $150,000 (electronic)
Mortgage Lender License (Company)- NMLS Cost: $321
- Additional Costs: none
Mortgage Branch License (Branch)- NMLS Cost: $231
- Additional Costs: $15.00 per credit report, $36.25 per criminal background check
- Education: Mississippi requires four (4) hours of Mississippi-approved pre-licensure education as part of your national education requirement
Mortgage Loan Originator (Individual)