Louisiana Mortgage Licensing

Mortgage Banker or Broker

Mortgage Lender/Broker License

Physical In-State Office Required: No
Qualifying Individual: No
Minimum Net Worth: None
Surety Bond: $25,000 to $50,000

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$100 – Foreign Entity Fee
$125 – Registered Agent Fee
$250 – Surety Bond Fee
$525 – Company License Fee
$45.25 – LA Fingerprinting per Owner/Officer

Mortgage Broker

Mortgage Loan Broker License

Physical In-State Office Required: No
Qualifying Individual: No
Minimum Net Worth: $ None – Compiled
Surety Bond: $50,000
Comments: Each Control person must complete Pre-License Education and Testing as required for the KY LO License. Compiled Financial Statement with no minimum net worth. Personal Financials for each owner of 10% or more

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$90 – Foreign Entity App
$125 – Registered Agent Fee
$850 – Company License Fee
$500 – KY $50k Surety Bond

Regulated by:

Office of Financial Institutions

8660 United Plaza Blvd.
Second Floor
Post Office Box 94095
Baton Rouge, LA 70804-9095
Telephone: 225-925-4660
Fax: 225-925-4548
Melissa “Missy” Johnson | MJohnson@ofi.louisiana.gov | 225-925-4667