South Dakota Mortgage Licensing

Mortgage Banker

Mortgage Lender License

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

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$200 – Foreign Entity Fee
$125 – Registered Agent Fee
$250 – Surety Bond Fee
$850 – Company License Fee
Fingerprinting per Owner/Officer

Mortgage Broker

Mortgage Broker License

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

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$200 – Foreign Entity Fee
$125 – Registered Agent Fee
$250 – Surety Bond Fee
$600 – Company License Fee
Fingerprinting per Owner/Officer

Regulated by:

Division of Banking

1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501
Telephone: 605-773-3421
Fax: 605-773-5367