South Dakota Mortgage Licensing

Both South Dakota applications require an Anti-Money Laundering (AML) / Bank Secrecy Act (BSA) Policy and the most recent Independent Review to be uploaded into the NMLS at time of submitting the application.

StateLicense NameState FeeBond Premium Est.
SOS FeeMLG Processing FeeTotal
South DakotaMortgage Brokerage License$500$188$765Call for More Information$1,453
South DakotaMortgage Lender License$750$188 $765Call for More Information$1,703

License: Mortgage Brokerage License

  • Operating Status: Broker
  • Bond Amount: $25,000
  • Net Worth: N/A
  • Brick & Mortar: No
  • Financial Type: Certified

Sample our License Ready program through our interactive United States Map!

License: Mortgage Lender License

  • Operating Status: Lender/Broker/Servicer
  • Bond Amount: $25,000
  • Net Worth: N/A
  • Brick & Mortar: No
  • Financial Type: Certified

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.**