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.

StateLicense NameState FeeBond Premium Est.
SoS FeeMLG ProcessingTotal
UtahMortgage Entity License$325.00$0.00$245.50Call for More Information$570.50
UtahCOA + Registration$30.00$150.00$347.00Call 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

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