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    Tennessee State Licenses and Regulator Costs

    Need a license?(312) 588-6800 State Mortgage Licensing Experts
      Mortgage License (Company)
    • NMLS Cost: $1,125
    • Additional Costs: $15 per credit report, $36.25 per criminal background check
    • Surety Bond Requirement: $90,000 (broker); $200,000 (lender or servicer); choose higher amount if company brokers and lends or services
      Mortgage Branch Authorization (Branch)
    • NMLS Cost: $20 (Yes, $20)
    • Additional Costs: none
      Mortgage Loan Originator (Individual)
    • NMLS Cost: $230
    • Additional Costs: $15.00 per credit report, $36.25 per criminal background check
    • TN also requires independent loan processors or underwriters to have this license