Ohio Mortgage Licensing
OH Residential Mortgage Lending Act (RMLA) Certificate of Registration is a relatively inexpensive application. OH requires the Qualified Individual to be a licensed OH MLO with 3 of the last 5 years industry experience. Direct owners and executive officers will be required to complete a FBI criminal background check. Bond in the amount of $50K - $150K based on total loan volume nationwide in the previous calendar year. OH also requires an Anti-Money Laundering (AML) / Bank Secrecy Act (BSA) Policy and the most recent Independent Review.
| State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
| Ohio | Residential Mortgage Lending Act (RMLA) Certificate of Registration | $800 | $375 | $99 | Call for More Information | $1,274 |
Residential Mortgage Lending Act Certificate of Registration
- Operating Status: Broker/Lender
- Bond Amount: $50,000
- Net Worth: N/A
- Brick & Mortar: No
- Financial Type: Unaudited
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call us today at 866-576-7726
**Fees & terms are subject to change without notice.**