- NMLS Cost: $750
- Additional Costs: $15 per credit report, $36.25 per criminal background check
- Surety Bond Requirement: depends on whether the company has a Kansas "bona fide office" which reduces the surety bond requirement (contact us for more details) varies from $50,000 to $75,000 with a bona fide office or from $100,000 to $125,000 without a bona fide office
- Special Requirement: if your company plans to originate mortgage loans with annual percentage rates that exceed 12 % per annum, please contact us due to special additional licensing requirements
Mortgage Company License (Company)- NMLS Cost: $320
- Additional Costs: $15.00 per credit report
- Certain in-state offices may qualify for "bona fide office" status with reduced company surety bond requirements (please contact us for more information)
Mortgage Company Branch License (Branch)- NMLS Cost: $130
- Additional Costs: $15.00 per credit report, $36.25 per criminal background check
Mortgage Loan Originator (Individual)