Located in Raleigh, North Carolina

ryan at lynxlicensing dot com

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©2018 LYNX LICENSING. ALL RIGHTS RESERVED. "NMLS", "Nationwide Mortgage Licensing System", and "Nationwide Multistate Licensing System" and associated logos are trademarks and/or service marks of State Regulatory Registry, LLC ("SRR"). Lynx Licensing and this website are not associated with, sponsored, approved, or licensed by SRR. NMLS Consumer Access.

Wisconsin State Licenses and Regulator Costs

Mortgage Banker License (Company)

  • NMLS Cost: $1,100

  • Additional Costs: none

  • This license covers servicers as well, but does not cover brokering (add'l license required)

  • Minimum Net Worth: $250,000

  • Surety Bond Requirement: $300,000 (electronic)

Mortgage Broker License (Company)

  • NMLS Cost: $850

  • Additional Costs: none

  • Minimum Net Worth: $100,000

  • Surety Bond Requirement: $120,000 (electronic)

Mortgage Banker Branch License (Branch)

  • NMLS Cost: $370

  • Additional Costs: none

  • Branch Manager: must hold Wisconsin MLO license

  • Surety Bond Rider: if this is the sixth or more branch location, a surety bond rider increasing coverage by $10,000 is required

Mortgage Broker Branch License (Branch)

  • NMLS Cost: $370

  • Additional Costs: none

  • Branch Manager: must hold Wisconsin MLO license

  • Surety Bond Rider: if this is the sixth or more branch location, a surety bond rider increasing coverage by $10,000 is required

Mortgage Loan Originator (Individual)

  • NMLS Cost: $280

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

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