Located in Raleigh, North Carolina

ryan at lynxlicensing dot com

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©2018 LYNX LICENSING. ALL RIGHTS RESERVED. "NMLS", "Nationwide Mortgage Licensing System", and "Nationwide Multistate Licensing System" and associated logos are trademarks and/or service marks of State Regulatory Registry, LLC ("SRR"). Lynx Licensing and this website are not associated with, sponsored, approved, or licensed by SRR. NMLS Consumer Access.

Iowa State Licenses and Regulator Costs

Mortgage Banker License (Company)

  • NMLS Cost: $500

  • Additional Costs: $36.25 per criminal background check

  • Surety Bond Requirement: varies ranging from $100,000 to $150,000 depending on volume (contact us for more details)

  • Minimum Net Worth: solvent

Mortgage Broker License (Company)

  • NMLS Cost: $500

  • Additional Costs: $36.25 per criminal background check

  • Surety Bond Requirement: varies ranging from $100,000 to $150,000 depending on volume (contact us for more details)

  • Minimum Net Worth: solvent

Mortgage Branch Registration (Branch)

  • NMLS Cost: $60

  • Additional Costs: $15.00 per credit report

  • Branch Manager: required and must have active Iowa mortgage loan originator license; Iowa requires the upload of a copy of the branch manager's employment contract

Mortgage Loan Originator (individual)

  • NMLS Cost: $80

  • 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, $125 per branch license, and $85 per individual license.