Mississippi Mortgage Licensing
Mississippi offers two license types a Mortgage Broker License and Mortgage Lender License. The Broker license only covers broking activities but the Lender license covers brokering, lending and servicing activity. A named QI that holds the MS MLO license and must have at minimum 2 out of the last 4 years of experience is required.
Note on MS MLO licenses: If the Loan Originator is changing employers, the MS MLO license is not transferrable between employers. MS is the only state that requires a loan originator to re-apply for the MLO license when changing employers.
| State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
| Mississippi | Mortgage Broker License | $1,601 | $188 | $500 | Call for More Information | $2,289 |
| Mississippi | Mortgage Lender License | $1,601 | $1,125 | $500 | Call for More Information | $3,226 |
License: Mortgage Broker License
- Operating Status: Broker
- Bond Amount: $25,000
- Net Worth: N/A
- Brick & Mortar: No
- Financial Type: N/A
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License: Mortgage Lender License
- Operating Status: Broker/Lender/Servicer
- Bond Amount: $150,000
- Net Worth: N/A
- Brick & Mortar: No
- Financial Type: N/A
Run our License Calculator to estimate licensing costs with all 50 states!
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.**