Kansas Mortgage Licensing


 

Mortgage Banker or Broker

Mortgage Company License

Physical In-State Office Required: No (additional bond/net worth requirements if no physical office)
Qualifying Individual: No
Minimum Net Worth: $0 to $50,000 – Reviewed
Surety Bond: $50,000 to $100,000 ($75,000 to $125,000 if more than $50,000,000 in Kansas loan volume in the preceding year)
Comments: A $100,000 surety bond and $50,000 audited net worth are required if you don’t have a physical office in the state.

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
N/A – Foreign Entity App
N/A – Registered Agent Fee
$1,000 – Company License Fee
$1,000 – KS $100k Surety Bond (None if bona fide office in KS) Minimum Net Worth of $50k (None if bona fide office in KS)


 

Mortgage Banker over 12% APR

Supervised Loan License

Physical In-State Office Required: No
Qualifying Individual: No
Minimum Net Worth: $250,000 and $25,000 to $100,000 of liquid assets
Surety Bond: $250,000
Loan Originator Licensing: Yes
Branch Licensing: Yes


 

Regulated by:

Office of the State Bank Commissioner

700 SW Jackson St., Suite 300
Topeka, Kansas 66603-3796
Telephone: 785-296-2266
Fax: 785-296-0168
Pam Diel  | Branch Licensing | pam.diel@osbckansas.org | 785-296-2266 X230
Karla Meadors | karla.meadors@osbckansas.org | 785-296-2266 ext. 220
Robin Lobb | robin.lobb@osbckansas.org | 785-296-2266 ext. 208
Kathey Addington | kathey.addington@osbckansas.org | 785-296-2266 ext. 269