Mortgage Lender License - State Directory

STATES
ST

State Agency

Mortgage Lender Licenses
AK

Alaska Division of Banking, Securities, and Corporations
P.O. Box 110807
Juneau, AK 99811-0807
ph (907) 465-2521
fax (907) 465-2549

AK Mortgage Lender License

Key Requirements

  • $750 filing fee
  • $25,000 Surety Bond
AL
Alabama State Banking Department
Center for Commerce, Suite 680
401 Adams Avenue
Montgomery, Alabama 36130-1201
ph (334) 242-3452
fax (334) 242-3500

AL Mortgage Lender License

Key Requirements

  • $600 filing fee
  • $25,000 Net Worth
AR

Arkansas Securities Department Heritage West Building Suite 300
201 F. Markham
Little Rock, AR 72201
ph 501-324-9260

AR Mortgage Lender License

Key Requirements:

  • $562.5 filing fee
  • $25,000 Net Worth
  • Audited Financials
  • $100,000 Surety Bond
AZ
Arizona State Banking Department
2910 N. 44th Street, Suite 310
Phoenix, AZ 85018
ph (602) 255-4421
fax (602) 381-1225

AZ Mortgage Lender License

Key Requirements:

  • $2,000 filing fee
  • $25-100k Surety Bond
  • Fingerprint Card and Fee
  • AZ Responsible Individual with 3 years mortgage experience, passed an exam, has AZ drivers license, and lives in AZ
  • Physical Office Required (click for possible solution)
  • $100-250k Net Worth
  • Audited Financials
CA
Department of Corporations
320 West 4th Street, Suite 750
Los Angeles, CA 90013-1105
ph (213) 576-7500

CA Consumer Finance Lender License

Lenders are defined in the California Finance Lenders Law as "any person engaged in the business of negotiating or performing any act as broker in connection with loans made by a Finance Lender". Lenders licensed under this law, may only broker loans to lenders possessing a valid California Finance Lenders license. Companies can apply as botth broker and lender but table funding is not permitted. This is a broad license covering commercial lending, equipment leasing, secured and unsecured consumer loans.

 

Key requirements:

  • $300 filing fee
  • $25,000 Surety Bond
  • Fingerprint Cards/Live Scan
  • $25,000 Net Worth

Department of Corporations
320 West 4th Street, Suite 750
Los Angeles, CA 90013-1105
ph (213) 576-7500

CA Banker License

Key Requirements:

  • $1,000 Application Fee
  • $50,000 Surety Bond
  • $250,000 Net Worth
  • Audited Financials
  • Fingerprint Cards/Live Scan
CO
Colorado Division of Real Estate
1560 Broadway, Suite 925
Denver, CO 80202
ph (303) 894-5953

CO Mortgage Lender License

Key Requirements:

  • $200 filing fee
  • Fingerprint Cards and Fee
  • $25,000 Surety Bond

CO Mortgage 2nd Lender License

Key Requirements:

  • $450 filing fee
  • $25,000 Net Worth
CT
Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103-1800
ph (860) 240-8200
fax (860) 240-8178

CT First Mortgage Lender License

Key Requirements:

  • $900 filing fee
  • $40,000 Surety Bond
  • $250,000 Net Worth
  • Loan Officer

CT Secondary Mortgage Lender License

Key Requirements:

  • $800 filing fee
DC
Department of Insurance, Securities,
and Banking
Non-Depository Licensing Division

810 1st Street, NE, Suite 701
Washington, DC 20002
ph (202) 727-8000
fax (202) 535-1196

DC Mortgage Lender License

Key Requirements:

  • $1300 filing fee
  • Year End Audited Financials
  • $12,500 Surety Bond
  • Company Credit Report
  • Depository Institution Certification
DE

Office of the State Bank Commissioner
555 E. Loockerman Street
Suite 210
Dover, DE 19901
ph (302) 739-4235
fax (302) 739-3609

DE Mortgage Loan Lender License

Key Requirements:

  • $250 filing fee
  • $50,000 Surety Bond
  • Company References (click for more info)
FL

Office of Financial Regulation
200 East Gaines Street
Tallahassee, FL 32399-0376
ph (850) 410-9895
fax (850) 410-9882

FL Mortgage Lender License

Key Requirements:

  • $575 filing fee
  • Fingerprint Cards and Fees
  • Florida Education/Exam
  • Audited Financials
  • $250,000 Net Worth
  • $10,000 Surety Bond
GA
Department of Banking and Finance
2990 Brandywine Road, Suite 200
Atlanta, GA 30341-5565
Phone: (770) 986-1633 or
Toll Free: (888) 986-1633
Fax: (770) 986-1654

GA Lender License

Key Requirements:

  • $1250 filing fee
  • $150,000 Surety Bond
  • Fingerprint Cards and Fees
  • Evidence of Education
  • Experience Verification (see note)
  • Credit Reports
HI
Professional and Vocational Licensing, Department of Commerce and Consumer Affairs
P.O. Box 3469
Honolulu, HI 96801
ph (808) 586-3000

HI Mortgage Lender License
Key Requirements:

  • $185 filing fees
  • $15,000 Surety Bond
  • Loan Officers
  • Physical Office (must conform with the permitted use under the zoning code of the county government
IA
Division of Banking
200 East Grand Ave, Suite 300
Des Moines, IA 50309
ph (515) 281-4014
fax (515) 281-4862

IA Mortgage Banker License

Key Requirements:

  • $500 filing fee
  • $100,000 surety Bond
  • Fingerprint Cards and Fees
  • Company Financials (doesn’t require Audited Financials)
ID
Department of Finance
800 Park Blvd., Suite 200
Boise, ID 83712
P.O. Box 83720
Boise, ID 83720-0031
ph (208) 332-8000

ID Mortgage Lender License

Key Requirements:

  • $350 filing fee
  • $25,000 Surety Bond
  • $10,000 Individual Surety Bond for each Loan Originator
  • Loan Originator Fee
IL
Division of Banks and Real Estate
500 East Monroe Street Suite 800
Springfield, IL 62701
ph (217) 782-3000

IL Residential Banker License
Key Requirements:

  • $2,700 filing fee
  • $20,000 Surety Bond
  • $100,000 Fidelity Bond
  • $150,000 Net Worth
  • Audited Financials
  • Class/Exam Req'
  • IL Loan Officer Exam
IN
Secretary of State
Securities Division

302 W. Washington St. Room E-111
Indianapolis, IN 46204
ph (317) 232-6681
fax (317) 233-3675

IN Lender License

Key Requirements:

  • $1,100 filing fee
  • $100,000 Surety Bond
  • Audited Financials
  • $100,000 Net Worth

IN 2nd Lender License

Key Requirements:

  • $500 filing fee
  • Audited Financials
  • $100,000 Net Worth
KS
Office of the State Bank Commissioner
Division of Consumer and Mortgage Lending

700 Jackson, Suite 300
Topeka, Kansas 66603
ph (785) 296-2266
fax (785) 296-0168

KS 1st Lender License

Key Requirements:

  • $400 filing fee
  • $250,000 Surety Bond
  • $250,000 Net Worth
  • Audited Financials
  • Fingerprint Cards and Fees

KS 2nd Lender License

Key Requirements:

  • $400 filing fee
  • $100,000 Surety Bond
KY
Office of Financial Institutions
1025 Capital Center Dr, Suite 200
Frankfort, KY 40601
ph (502) 573-3390
fax (502) 573-0086

KY Mortgage Lender License
Key Requirements

  • $750 filing fee
  • $250,000 Surety Bond
  • $100,000 Net Worth
  • Fingerprint Cards
  • Audited Financials
  • $1 Million Creidt Line
LA
Office of Financial Institutions
8660 United Plaza Blvd, Second Floor
Baton Rouge, LA 70809-7024
ph (225) 925-4660
fax (225) 925-4548

LA Mortgage Lender License
Key Requirements

  • $500 filing fee
  • $50,000 Surety Bond
  • Fingerprint Cards and Fees
  • Loan Originator Agreement and $100 Fee
  • Evidence of Education
MA
Division of Banks
One South Station
Boston, MA 02110
ph (617) 956-1500
fax (617) 956-1599

MA Mortgage Lender License

Key Requirements

  • $1215 filing fee
  • $100k Surety Bond
  • $200k Net Worth
  • Audited Financials
MD
Commissioner of Financial Regulation
Consumer Credit Licensing

500 North Calvert Street, Suite 402
Baltimore, MD 21202
ph (410) 230-6100
fax (410) 333-3866

MD Mortgage Lender License

Key Requirements

  • $1100 filing fee
  • Surety Bond (bond amount depends on loan volume)
  • Fingerprint Cards and Fees
  • Audited Financials
ME

Department of Professional & Financial Regulation
Office of Consumer Credit Regulation

35 State House Station
Augusta, Maine 04333
ph (800) 332-8529
fax (207) 582-7699

ME Loan Lender License

Key Requirements

  • $500 filing fee
  • $50,000 Surety Bond
  • $50,000 Net Worth
  • Loan Officers
MI
Office of Financial and Insurance Services
Ottawa Building, 3rd Floor
611 W. Ottawa
Lansing, MI 48933-1070
ph (517) 373-0220
fax (517) 335-4978

MI 1st Mortgage Lender License

Key Requirements

  • $950 filling fee
  • $25,000 Net Worth
  • $25,000 Surety Bond

MI 2nd Mortgage Lender License

Key Requirements

  • $800 filling fee
  • $25,000 Surety Bond
  • $25,000 Net Worth
MN
Department of Commerce
85 7th Place East, Suite 500
St. Paul, MN 55101
ph (800) 657-3978
fax (651) 284-4107

MN Mortgage Lender License

Key Requirements

  • $2185 filing fee
  • $50,000 Surety Bond
  • $250,000 Net Worth
  • Class/Education Req'd
MO
Division of Finance
301 W. High Street #630
Jefferson City, MO 65102
ph (573) 751-3242
fax (573) 751-9192

MO Mortgage Lender License

Key Requirements

  • $600 filing fee
  • $20,000 Surety Bond
  • Physical Office
MS
Office of Banking and Consumer Finance
501 N. West Street
901 Woolfolk Building Suite A
Jackson, MS 39225-3729
ph (601) 359-1031
fax (601) 359-3557

MS Mortgage Company Lender License

Key Requirements

  • $851 filing fee
  • Fingerprint Cards
  • $150,000 Surety Bond
  • $131 Loan Officer Fee
MT
Banking and Financial Institutions
PO Box 200546
Helena, MT 59620-0546
ph (406) 841-2920

MT 1st Mortgage Lender License

Key Requirements

  • $500 filing fee
  • Loan Officer fee
  • $25,000 Surety Bond
  • Fingerprint Cards and Fees
  • Evidence of Education
  • Physical office

MT 2nd Mortgage Lender License

Key Requirements

  • $250 filing fee
NC

Commissioner of Banks
316 W. Edenton Street
Raleigh, NC 27603
ph (919) 733-3016
fax (919) 733-6918

Mailing Address:
4309 Mail Service Center
Raleigh, NC 27699-4309

NC Mortgage Lender License

Key Requirements:

  • $1875 filing fee
  • $150,000 Surety Bond
  • $100,000 Net Worth
  • Physical Office
  • Loan Officer fee $143.50 fee
  • LO Course and Exam
  • Fingerprint Cards and Fees
ND
Department of Financial Institutions
2000 Schafer Street, Suite G
Bismarck, ND 58501-1204
ph (701) 328-9933
fax (701) 328-9933
email: dfi@nd.gov

ND Money Lender License

Key Requirements:

  • $700 filing fee
  • $25,000 Surety Bond
NE

Department of Banking & Finance
Commerce Court
1230 'O' Street, Suite 400
Lincoln, NE 68508-1402
ph (402) 471-2171

Mailing Address:
P.O. Box 95006
Lincoln, NE 68509-5006

NE Mortgage Banker License

Key Requirements:

  • $400 filing fee
  • $100,000 Surety Bond
NH
BANKING DEPARTMENT
64b Old Suncook Road
Concord, NH 03301
ph (603) 271-3561
fax (603) 271-1090
email: NHBD@banking.state.nh.us

NH Mortgage Lender License

Key Requirements:

  • $600 filing fee
  • $20,000-100,000 Surety Bond
  • $100,000 Net Worth
  • Fingerprint Cards and Fees
NJ
Department of Banking and Insurance
Division of Banking

P.O. Box 040
Trenton, NJ 08625
ph (609) 292-7272
fax (609) 633-0822
email: blic@dobi.state.nj.us

NJ 1st Mortgage Lender License

Key Requirements:

  • $3,000 filing fee
  • $150,000 Surety Bond
  • $250,000 Net Worth
  • Physical Office
  • Audited Financials
  • Evidence Education
  • Loan Officers

NJ 2nd Mortgage Lender License

Key Requirements:

  • $300 filing fee
  • $100,000-150,000 Surety Bond
  • Physical Office
  • $150,000 Net Worth
NM
Financial Institutions Division
2550 Cerrillos Road, 3rd Floor,
Santa Fe, NM 87505
ph (505) 476-4885
fax (505) 476-4670
email: FID@state.nm.us

NM Mortgage Lender

Key Requirements:

  • $400 filing fee
  • $25,000 Surety Bond
NV

Mortgage Lending Division
Carson City - Licensing Office
400 W King Street, Suite 101
Carson City, Nevada 89703
ph (775) 684-7060
fax (775) 684-7061

Las Vegas Office
3075 E. Flamingo #100
Las Vegas, Nevada 89121
ph (702) 486-0780
fax (702) 486-0785

NV Mortgage Lender License

Key Requirements:

  • $1500 filing fee
  • Physical Office
  • Fingerprint Cards
  • Qualified Employee
  • Company Financials
NY
State Banking Department
One State Street
New York, NY 10004-1417
ph (212) 709-5574
fax (212) 709-5555

NY Mortgage Banker License

Key Requirements:

  • $3000 filing fee
  • $50,000 Surety Bond
  • $250,000 Net Worth
  • Fingerprint Cards and Fees
  • Audited Financials
OH
Department of Commerce
Division of Financial Institutions

77 South High Street, 21st Floor
Columbus, OH 43215-6120
ph (614) 728-8400
email: webdfi@dfi.com.state.oh.us

OH 1st Mortgage Lender License

Key Requirements:

  • $500 filing fee
  • Physical Office
  • $50,000 Surety Bond
  • Evidence of Education

OH 2nd Mortgage Lender License

Key Requirements:

  • $200 filing fee
  • $50,000 Surety Bond
OK

Department of Consumer Credit
4545 N. Lincoln Blvd, Suite 104
Oklahoma City, OK 73105-3413
ph (405) 521-3653
fax (405) 521-6740

OK 1st Mortgage Lender License

Key Requirements:

  • $300 filing fees
  • $5,000 Surety Bond
  • Physical Office
  • Evidence of Education

OK 2nd Mortgage Lender License

Key Requirements:

  • $350 filing fee
  • $5,000 Surety Bond
  • $25,000 Net Worth
OR

Department of Consumer & Business Services
350 Winter St. NE #410
Salem, OR 97301-3881
ph (503) 378-4140
fax (503) 947-7862

Mailing Address:
PO Box 14480
Salem, OR 97309-0405

OR Mortgage Lender License

Key Requirements:

  • $825 filing fee
  • $25,000 Surety Bond
  • Evidence of Education/Exam
PA
Department of Banking
17 N Second Street, Suite 1300
Harrisburg, PA 17101-2290
ph (717) 214-8343
toll free (800) PA-Banks
fax (717) 214-8773

PA 1st Mortgage Banker

Key Requirements:

  • $1,000 filing fee
  • Record check and $10 fee
  • Physical Office
  • Fingerprint Cards
  • $250,000 Surety Bond
  • Audited Financials
  • $1 Million Credit Line

PA 2nd Mortgage Banker

Key Requirements:

  • $500 filing fee
  • $200,000 Net Worth
  • Fingerprint Cards
  • Physical Office
RI
Department of Business Regulation
Division of Banking

233 Richmond Street
Providence, RI 02903
ph (401) 222-2246
fax (401) 222-6098
email: albert_smith@dbr.state.ri.us

RI Mortgage Lender

Key Requirements:

  • $1750 filing fee
  • $50,000 Surety Bond
  • $100,000 Net Worth
  • Audited Financials
  • 5 Year Experience
SC
Department of Consumer Affairs
3600 Forest Drive, 3rd Floor
P.O. Box 5757
Columbia, SC 29250
ph (803) 734-4200
fax (803) 734-4286

SC 1st Mortgage Lender License

Key Requirements:

  • No License Requirement for 1st Mortgage Lending

SC 2nd Mortgage Lender License

Key Requirements:

  • $300 filing fee
  • $25,000 Surety Bond
  • Audited Financials
SD
Division of Banking
217 1/2 West Missouri
Pierre, SD 57501-4590
ph (605) 773-3421
fax (605) 773-5367
email: bankinfo@state.sd.us

SD Mortgage Lender License

Key Requirements:

  • $750 filing fee
  • $25,000 Surety Bond
  • Audited Financials
TN
Department of Financial Institutions
414 Union Street, Suite 1000
Nashville, Tennessee 37219
ph (615) 741-2236

TN Mortgage Lender License

Key Requirements:

  • $600 filing fee
  • $200,000 Surety Bond
  • Audited Financials
  • Net Worth of at least $25,000
TX
Department of Savings and Mortgage Lending
2601 North Lamar Blvd. Suite 201
Austin, Texas 78705
ph (512) 475-1350
fax (512) 475-1360

TX 1st Mortgage Lender License
Key Requirements:

  • $630 filing fee
  • $25k Net Worth
  • Fingerprint Cards and Fees
  • Evidence of Education
  • Physical Office

TX 2nd Mortgage Lender License

Key Requirements:

  • $340 filing fee
  • $25k Net Worth
UT

Division of Real Estate
Heber M. Wells Building, 2nd Floor
160 East 300 South
Salt Lake City, UT 84111
ph (801) 530-6747
fax (801) 526-4387

Mailing Address:
PO Box 146711
Salt Lake City, UT 84114-6711

UT 1st Mortgage Lender License

Key Requirements:

  • $275 filing fee
  • Evidence of Education
  • List of loan officers
Department of Financial Institutions
324 South State Street, Suite 201
Salt Lake City, UT 84111
ph (801) 538-8830
fax (801) 538-8894

UT 2nd Mortgage Notification

Key Requirements:

  • $25 filing fee
VA
Bureau of Financial Institutions
1300 E. Main Street, Suite 800
P.O. Box 640
Richmond, Virginia 23218-0640
ph (804) 371-9657
fax (804) 371-9416

VA Mortgage Lender License
Key Requirements:

  • $1000 filing fee
  • $50,000 Surety Bond
  • Finger Print Cards
VT

VT Mortgage Lender License

Key Requirements:

  • $2100 filing fees
  • $50,000 Surety Bond
  • $25,000 Net Worth
WA

Department of Financial Institutions
150 Israel Rd SW
Tumwater WA 98501
ph (360) 902-8700
fax (360) 586-5068

Mailing Address:
PO Box 41200
Olympia WA 98504-1200

WA Mortgage Lender License

Key Requirements:

  • $1062 filing fee
  • $400k Surety Bond
  • Evidence of Education
WI
Department of Financial Institutions
345 W Washington Avenue
Madison, WI 53703
ph (6068) 261-9555
fax (608) 261-7200

WI Mortgage Lender License

Key Requirements:

  • $1000 filing fee
  • $300,000 Surety Bond
  • $250,000 Net Worth
  • Audited Financials
  • Exam
  • Complete Loan Originator Application
WV
Division of Banking
1900 Kanawha Blvd, East
Building 3, Room #311
Charleston, WV 25305-0240
ph (304) 558-2294
fax (304) 558-0442

WV Mortgage Lender License

Key Requirements:

  • $1,250 filing
  • $100,000 Surety Bond
  • $10,000 Net Worth
  • Fingerprint Cards and Fees
WY

Division of Banking
Herschler Building, 3rd Floor East
122 West 25th Street
Cheyenne, WY 82002
ph (307) 777-7797
fax (307) 777-3555

WY 1st Mortgage Lender License

Key Requirements:

  • $500 filing fee
  • $25,000 Surety Bond
  • Loan Officer

WY 2nd Mortgage Lender License

Key Requirements:

  • $150 filing fee