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    Delaware State Licenses and Regulator Costs

    Need a license?(312) 588-6800 State Mortgage Licensing Experts
      Broker License (Company)
    • NMLS Cost: $1350
    • Additional Costs: $15 per credit report
    • Surety Bond Requirement: $25,000; DE surety bonds must list the name and NMLS# of all company LOs
    • Note: Once licensed, Delaware charges an annual assessment of at least $500 if loan files are stored in-state and at least $1000 if loan files are stored out-of-state
      Lender License (Company)
    • NMLS Cost: $600
    • Additional Costs: $15 per credit report
    • Surety Bond Requirement: $50,000; DE surety bonds must list the name and NMLS# of all company LOs
    • Note: Once licensed, Delaware charges an annual assessment of at least $500 if loan files are stored in-state and at least $1000 if loan files are stored out-of-state
      Broker Branch License (Branch)
    • NMLS Cost: $770
    • Additional Costs: $15.00 per credit report
    • Branch manager: experience requirement of at least three (3) years lending/brokering.
    • Staffing: must have a full-time Delaware licensed LO physically located in branch
      Licensed Lender Branch License (Branch)
    • NMLS Cost: $520
    • Additional Costs: $15.00 per credit report
    • Branch manager: experience requirement of at least three (3) years lending/brokering.
    • Staffing: must have a full-time Delaware licensed LO physically located in branch
      Mortgage Loan Originator (individual)
    • NMLS Cost: $530
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Annual assessment: once licensed, Delaware charges an annual $500 supervisory assessment per LO in July
    • Surety bond: you will need a rider to your company's surety bond to include the name and NMLS number of the LO prior to license approval