There are two entities in Utah, the DRE and the DFI. The DRE mortgage entity license requires you to submit a separate license for each trade name, whereas the DFI residential first mortgage notification does not have this requirement and does not limit the number of trade names. Utah requires a principal lending manager to be appointed, the lending manager must take state specific education off the NMLS through Utah. A PLM is also a requirement for each Utah branch.
State | License Name | State Fee | Bond Premium Est. | SoS Fee | MLG Processing | Total |
Utah | Mortgage Entity License | $325.00 | $0.00 | $245.50 | Call for More Information | $570.50 |
Utah | COA + Registration | $30.00 | $150.00 | $347.00 | Call for More Information | $527.00 |
License: Mortgage Entity License
- Operating Status: Broker/Lender
- Bond Amount: $0
- 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!