Located in Raleigh, North Carolina

ryan at lynxlicensing dot com

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Alabama State Licenses and Regulator Costs

Consumer Credit License (Company)

  • NMLS Cost: $700

  • Additional Costs: $15 per credit report, $36.25 per criminal background check

  • Surety Bond Requirement: Ranges from $25,000 to $75,000 depending on production volume

Mortgage Brokers License (Company)

  • NMLS Cost: $700

  • Additional Costs: $15.00 per credit report, $36.25 per criminal background check

  • Surety Bond Requirement: ranges from $25,000 to $75,000 depending on production volume

Consumer Credit License (Branch)

  • NMLS Cost: $620

  • Surety Bond: requires a surety bond rider to add branch location

Mortgage Brokers License (Branch)

  • NMLS Cost: $620

  • Surety Bond: requires a surety bond rider to add branch location

Mortgage Loan Originator (individual)

  • NMLS Cost: $105

  • Additional Costs: $15.00 per credit report, $36.25 per criminal background check

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Lynx Licensing charges a flat rate of $625 per state license, $120 per branch license, and $85 per individual license.