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Alabama State Licenses and Regulator Costs

Need a license?(312) 588-6800 State Mortgage Licensing Experts
    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