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    Vermont State Licenses and Regulator Costs

    Need a license?(888) 488-0747 State Mortgage Licensing Experts
      Lender License (Company)
    • NMLS Cost: $2,100 (plus $1,100 per other trade name)
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required
    • Surety Bond Requirement: $50,000 (electronic)
      Loan Servicer License (Company)
    • NMLS Cost: $2,100
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required
    • Surety Bond Requirement: $100,000 (electronic)
      Mortgage Broker Sole Proprietor License (Company)
    • NMLS Cost: $600
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required
    • Surety Bond Requirement: $25,000 (electronic)
      Mortgage License (Company)
    • NMLS Cost: $1,100
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required
    • Surety Bond Requirement: $25,000 (electronic)
      Lender License (Branch)
    • NMLS Cost: $1,020
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Branch Manager: must live within fifty (50) miles of branch location
    • Surety Bond: company must obtain $50,000 bond rider to add branch location
      Loan Servicer License (Branch)
    • NMLS Cost: $1,020
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Branch Manager: must live within fifty (50) miles of branch location
    • Surety Bond: company must obtain $100,000 bond rider to add branch location
      Mortgage Broker License (Branch)
    • NMLS Cost: $1,020
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Branch Manager: must live within fifty (50) miles of branch location
    • Surety Bond: company must obtain $25,000 bond rider to add branch location
      Mortgage Loan Originator (Individual)
    • NMLS Cost: $130
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Education: Vermont requires two (2) hours of VT-approved pre-licensure education as part of your national education requirement
    • Home state license requirement: you must be licensed as a mortgage loan originator in your state of residence

    Lynx Licensing charges a flat rate of $1,495 per state license, $390 per branch license, and $145 per individual license.

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