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    Montana State Licenses and Regulator Costs

    Need a license?(312) 588-6800 State Mortgage Licensing Experts
      Mortgage Broker License (Company)
    • NMLS Cost: $600
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required for each licensed location; must be licensed in approved status as Montana mortgage loan originator
    • Surety Bond Requirement: varies from $25,000 to $100,000 depending upon loan volume (contact us for details)
      Mortgage Lender License (Company)
    • NMLS Cost: $850
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required for each licensed location; must be licensed in approved status as Montana mortgage loan originator
    • Surety Bond Requirement: varies from $25,000 to $100,000 depending upon loan volume (contact us for details)
      Mortgage Servicer License (Company)
    • NMLS Cost: $850
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: required for each licensed location; must be licensed in approved status as Montana mortgage loan originator
    • Surety Bond Requirement: $100,000
      Mortgage Broker Branch License (Branch)
    • NMLS Cost: $279
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Branch Manager: must have three (3) years of mortgage experience and be a licensed Montana loan originator
      Mortgage Lender Branch License (Branch)
    • NMLS Cost: $270
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Branch Manager: must have three (3) years of mortgage experience and be a licensed Montana loan originator
      Mortgage Servicer Branch License (Branch)
    • NMLS Cost: $270
    • Additional Costs: none
      Mortgage Loan Originator (Individual)
    • NMLS Cost: $430
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Education: Montana requires two (2) hours of Montana-approved pre-licensure education as part of your national education requirement
    • Additional experience requirements: a branch manager requires three (3) years of mortgage experience; a responsible individual requires one and a half (1.5) years of experience