Missouri Mortgage Licensing
Missouri is one of the few states that requires an in-state presence depending on your business activities. If you are conducting origination activities and your company is headquartered outside of the state, you will need to obtain an in-state MO licensed location that will need to be staffed by at least one licensed MLO. The In-state presence is not required for companies headquartered outside of the state if you are a Lead Generator, Processing or Severing only company. Surety bond in the amount of $50,000 is required no matter your business activities. Named Qualified Individual is not needed for this application.
State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
Missouri | Company License | $1,000 | $375 | $155 | Call for More Information | $1,530 |
License: Company License
- Operating Status: Lender/Broker/Servicer
- Bond Amount: $50,000
- Net Worth: N/A
- Brick & Mortar: Yes (Depending on your Business Activities)
- Financial Type: N/A
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Company License
Named Qualified Individual is not needed for this application. If headquarters is not inside MO – you must maintain a in-state MO licensed location staffed by at least one licensed MLO for any origination activity. In-state presence is not required for companies headquartered outside of the state if you are a Lead Generator, Processing or Severing only company. Surety bond in the amount of $50,000 is required no matter your business activities.
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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.**