Kansas Mortgage Company License
Kansas does not require a named QI but you must have a licensed KS MLO on staff if you are conducting originations before the company application will approve. Surety Bond requirement is $100,000 but will increase to $125,000 if your total Kansas loan volume exceeds $50 Million during the previous calendar year.
| State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
| Kansas | Mortgage Company License | $770 | $750 | $241 | Call for More Information | $1,761 |
License: Mortgage Company License
- Operating Status: Broker/Lender/Servicer
- Bond Amount: $100,000
- Net Worth: Positive
- Brick & Mortar: No
- Financial Type: Unaudited
Mortgage company License
Application fee is relatively inexpensive. This application does not require a named QI but you must have a licensed KS MLO on staff if you are conducting originations before the company application will approve. Surety Bond requirement is $100,000 but will increase to $125,000 if the KS loan volume exceeds $50 Million for the previous calendar year.
For more information or to speak to a representative for your state
call us today at 760-295-4040
**Fees & terms are subject to change without notice.**
Kansas does not require a named Qualifying Individual (QI) for a mortgage license, but you must have a Kansas-licensed MLO on staff if your company plans to conduct originations before approval. This requirement ensures your mortgage broker operations meet all state compliance standards while the application is under review.
The surety bond for a Kansas mortgage company begins at the standard state minimum and increases to a higher tier if your loan volume exceeded the 50 million threshold during the previous calendar year. This tiered structure helps protect consumers as your broker license activity grows in the state.
Another advantage is that the state application fee is relatively low, making this state an appealing option for expanding a mortgage broker business or adding another broker license to your footprint.
Overall, the Kansas mortgage license process is straightforward: no designated QI is required, a Kansas-licensed MLO must be in place before approval, and bond levels adjust based on prior loan production. Preparing these items early will streamline your licensing process and support long-term compliance for any mortgage broker entering the market.