Mortgage Company: If not claiming a Kansas bona fide location, applicant must submit evidence of a minimum net worth of $50,000.
|State||License Name||State Fee||Bond Premium Est.||SoS Fee||MLG Processing||Total|
|Kansas||Mortgage Company License||$750.00||$750.00||$290.50||Call for More Information||$1790.50|
|Kansas||Possible COA + License||$0.00||$0.00||$397.00||Call for More Information||$397.00|
License: Mortgage Company License
- Operating Status: Broker/Lender
- Bond Amount: $50,000
- Net Worth: $0
- Brick & Mortar: No
- Audited Financials: Yes
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Mortgage company License
Application fee is relatively inexpensive. This application does not require a QI. If your company is not in KS than must submit evidence of a minimum net worth of $50,000. If company has a KS office bond amount required is $50,000. If company does not have a KS location, a $100,000 surety bond is required.
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