Florida Mortgage Licensing
Note to branches: Each location will need a FL branch license that correlates with the license the company holds to conduct business with FL consumers. Branch application depends on which applicable company FL licensure you hold. FL branch applications are very simple and not very costly.
State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
Florida | Mortgage Broker License | $525 | N/A | $100 | Call for More Information | $625 |
Florida | Mortgage Lender License | $600 | N/A | $100 | Call for More Information | $700 |
Florida | Mortgage Lender/Servicer License | $600 | N/A | $100 | Call for More Information | $700 |
License: Mortgage Broker License
- Operating Status: Broker
- Bond Amount: $0
- Net Worth: $0
- Brick & Mortar: No
- Financial Type: N/A
License: Mortgage Lender License
- Operating Status: Broker/Lender
- Bond Amount: $0
- Net Worth: $63,000
- Brick & Mortar: No
- Financial Type: Audited
License: Mortgage Lender Servicer License
- Operating Status: Broker/Lender/Servicer
- Bond Amount: $0
- Net Worth: $250,000
- Brick & Mortar: No
- Financial Type: Audited
Mortgage Broker License Florida
Florida has a relatively low state application fee and simple application. There is no bond requirement for FL. Qualified Individual needs to be a licensed FL MLO with at minimum 1 year of experience. Each control person of the company will need to get a FL state specific criminal background check completed.
Florida Mortgage Lender License
Obtaining a Florida Mortgage Lender License has a relatively low state application fee and simple application. There is no bond requirement for FL. Qualified Individual needs to be a licensed FL MLO with at minimum 1 year of experience. Company would need Audited Financial Statement for the most recent fiscal year that shows a net worth of at least $63,000.
For more information or to speak to a representative for your state
call us today at 866-576-7726
**Fees & terms are subject to change without notice.**