|State||License Name||State Fee||Bond Premium Est.||SoS Fee||MLG Processing||Total|
|Oregon||Mortgage Lender License||$1060.00||$375.00||$450.50||Call for More Information||$1885.50|
|Oregon||Debt Collection License||$350.00||$112.00||$332.00||Call for More Information||$794.00|
License: Mortgage Lender License
- Operating Status: Broker/Lender
- Bond Amount: $50,000
- Net Worth: $0
- Brick & Mortar: No
- Audited Financials: No
Sample our License Ready program through our interactive United States Map!
Run our License Calculator to estimate licensing costs with all 50 states!
Mortgage Lender License
This license type allows a company to Broker and Lend. This company application is relatively simple in requirements and the state tends to review in a timely manner. OR requires a qualified individual that identifies an experienced person – this person must have at least 3 year’s experience in mortgage lending in the last 5 years. Surety bond amount required is relatively low - in the amount of $50,000.