Mortgage Banker
Mortgage Lender License
Physical In-State Office Required: No
Qualifying Individual: Yes, 3 years mortgage experience in past 5 years (verified by NMLS Employment History)
Minimum Net Worth: $ None
Surety Bond: $50,000 to $200,000 depending on loan volume
License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$275 – Foreign Entity Fee
$125 – Registered Agent Fee
$450 – Surety Bond Fee
$1,200– Company License Fee
