Texas Mortgage Licensing
Texas used to be a Brick and Mortar state but the passing of HB 3617, on 9/1/21 dissolved this requirement. TX requires a copy of your IRS EIN Letter to be uploaded into the NMLS. The Texas Company application requires naming a QI that will need to hold the TX MLO license where are the Banker does not require a QI. The Texas Banker does however require you to hold a federal approval/designation (HUD FHA DE, Ginnie Mae, Fannie Mae or Freddie Mae) in order to apply.
| State | License Name | State Fee | Bond Premium Est. | SOS Fee | MLG Processing Fee | Total |
| Texas - SML | Mortgage Company License | $300 | N/A | $771 | Call for More Information | $1,071 |
| Texas - SML | Mortgage Banker Registration | $400 | N/A | $771 | Call for More Information | $1,171 |
License: Mortgage Company License
- Operating Status: Broker/Lender
- Bond Amount: N/A
- Net Worth: N/A
- Brick & Mortar: No
- Financial Type: N/A
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License: Mortgage Banker Registration
- Operating Status: Broker/Lender/Servicer
- Bond Amount: N/A
- 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.**