North Dakota State Licenses and Regulator Costs

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Money Broker License (Company)

NMLS Cost: $900
Additional Costs: $15 per credit report, $36.25 per criminal background check
Surety Bond Requirement: $25,000
Personal Financial Statement: required for any 25% or more owner

Branch Registration (Branch)

NMLS Cost: $70
Additional Costs: $15.00 per credit report
Must provide a copy of a valid lease for the branch location

Mortgage Loan Originator (Individual)

NMLS Cost: $105
Additional Costs: $15.00 per credit report, $36.25 per criminal background check