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Mortgage Broker License (Company)- NMLS Cost: $1,600 ($1,100 after June 30th)
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Surety Bond Requirement: $100,000
Mortgage Lender/Servicer License (Company)- NMLS Cost: $3,850 ($2,600 after June 30th)
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Surety Bond Requirement: $500,000, plus $10,000 for each additional licensed location
Mortgage Broker Branch License (Branch)- NMLS Cost: $1,520 ($1,020 after June 30th)
- Surety bond: increase your company surety bond by $5,000 per location
Mortgage Lender/Servicer Branch License (Branch)- NMLS Cost: $3,770 ($2,520 after June 30th)
- Surety bond: increase your company surety bond by $10,000 per location
Mortgage Loan Originator (Individual)- NMLS Cost: $130
- Additional Costs: $15.00 per credit report, $36.25 per criminal background check
Mortgage Broker License (Company)
Mortgage Broker Branch License (Branch)
Mortgage Loan Originator (Individual)