Kansas Mortgage Licensing
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 | $750 | $750 | $165 | Call for More Information | $1,665 |
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 866-576-7726
**Fees & terms are subject to change without notice.**