Located in Raleigh, North Carolina

ryan at lynxlicensing dot com

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Mississippi State Licenses and Regulator Costs

Mortgage Broker License (Company)

  • NMLS Cost: $1,601

  • Additional Costs: $15 per credit report, $36.25 per criminal background check

  • Qualifying Individual: must have at least two (2) years of mortgage experience

  • At least one employee must be licensed as a loan originator at a licensed location

  • Surety Bond Requirement: $25,000 (electronic)

Mortgage Lender License (Company)

  • NMLS Cost: $1,601

  • Additional Costs: $15 per credit report, $36.25 per criminal background check

  • Qualifying Individual: must have at least two (2) years of mortgage experience

  • At least one employee must be licensed as a loan originator at a licensed location

  • Surety Bond Requirement: $150,000 (electronic)

Mortgage Branch License (Branch)

  • NMLS Cost: $321

  • Additional Costs: none

Mortgage Loan Originator (Individual)

  • NMLS Cost: $231

  • Additional Costs: $15.00 per credit report, $36.25 per criminal background check

  • Education: Mississippi requires four (4) hours of Mississippi-approved pre-licensure education as part of your national education requirement

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Lynx Licensing charges a flat rate of $625 per state license, $120 per branch license, and $85 per individual license.