Things to know regarding a Colorado Mortgage License: Company does not require a Bond, but individual LO’s must obtain a CO Minimum Bond Amount $25,000. CO does not offer or require branches to hold a CO branch license. For a Colorado Mortgage License, CO has a separate website for applications that requires documents outside of the NMLS.
State | License Name | State Fee | Bond Premium Est. | SoS Fee | MLG Processing | Total |
Colorado | Colorado Company Registration | $298.00 | $0.00 | $560.50 | Call for More Information | $858.50 |
Colorado | Debt Collection License | $1150.00 | $180.00 - 300.00 | $422.00 | Call for More Information | $1752.00 |
License: Mortgage Company Registration
- Operating Status: Broker/Lender
- Bond Amount: $0
- Net Worth: $0
- Brick & Mortar: No
- Audited Financials: No
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Mortgage Company Registration
CO has one of the most inexpensive and simplest company applications. Also, this application does not require a company bond, instead the responsibility is on the MLO’s to have bond coverage. CO does not require a Qualified Individual for a Colorado Mortgage License.