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    What type of licensing do you need help with?*

    New Mexico State Licenses and Regulator Costs

    Need a license?(312) 588-6800 State Mortgage Licensing Experts
      Mortgage Loan Company License (Company)
    • NMLS Cost: $1,600
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Qualifying Individual: requires a Qualifying Manager with at least two (2) years of experience in certain specific mortgage activities; must be licensed as a New Mexico mortgage loan originator (contact us for more details)
    • Personal financial statements: required for the Qualifying Manager
    • Surety Bond Requirement: varies based on loan volume from $50,000 to $150,000 (contact us for details)
    • The New Mexico application process takes a significant amount of time; we recommend contacting Lynx Licensing to submit a complete application to help avoid delays
      Mortgage Loan Company Branch License (Branch)
    • NMLS Cost: $520
    • Additional Costs: $36.25 per criminal background check
    • Qualifying Individual: a branch manager or Qualified Manager is required
    • Personal Financial Statement: for Qualifying Managers, see the requirement in company section (above)
      Mortgage Loan Originator (Individual)
    • NMLS Cost: $430
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • Education: New Mexico requires three (3) hours of NM-approved pre-licensure education as part of your national education requirement
    • Surety Bond: $50,000 for first year (unless covered by employer's surety bond)