Idaho Mortgage Licensing


 

Mortgage Banker or Broker

Mortgage Broker/Lender License

Physical In-State Office Required: No
Qualifying Individual: Yes, 3 years mortgage experience (verified by resume) Experience may include, but is not limited to origination, processing, quality control, compliance, secondary marketing, underwriting and wholesale lending.
Minimum Net Worth: $ None
Surety Bond: No (Eliminated in August 2009)

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$100 – Foreign Entity Fee
$125 – Registered Agent Fee
N/A – Surety Bond Fee
$700 – Company License Fee


 

Regulated by:

Idaho Department of Finance
Consumer Finance Bureau/Securities Bureau

800 Park Blvd, Ste 200
Boise, ID 83712
Telephone: 208-332-8000 (option 2)
Fax: 208-332-8098
http://finance.idaho.gov/