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Banking

Mortgage Broker License Information — Costs

The application fee is $500, plus the Nationwide Multistate Licensing System (NMLS) processing fee of $100. NMLS will annually charge a processing fee of $100 per company license, $30 per individual mortgage loan originator license, and $30 each time a loan originator changes employment, in addition to our annual renewal fee.

There are no other NMLS processing fees. These processing fees pay for NMLS operations, including licensee system access 362 days per year, ability to maintain, renew and run reports on your licenses, and call center support.
mber 31. Renewal requests must be filed through NMLS by December 1st to avoid a late fee. Renewals will be handled through the NMLS. Correspondence containing instructions for renewal will be sent via the NMLS starting in October.