Oregon Mortgage Licensing

Oregon Mortgage LicensingIML2017-01-23T19:53:09-08:00

Mortgage Banker

Mortgage Lender License

Physical In-State Office Required: No
Qualifying Individual: Yes, 3 years mortgage experience in past 5 years (verified by NMLS Employment History)
Minimum Net Worth: $ None
Surety Bond: $50,000 to $200,000 depending on loan volume

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$275 – Foreign Entity Fee
$125 – Registered Agent Fee
$450 – Surety Bond Fee
$1,200– Company License Fee

Regulated by:

Department of Consumer & Business Services
Division of Finance and Corporate Securities

350 Winter St. NE, Room 410
Salem, OR 97301-3881
Kenneth Power | kenneth.e.power@state.or.us | 503-947-7857 | Fax: 503-947-7862
Telephone: 503-378-4140
Fax: 503-947-7862

State Mortgage Licensing Service

We assist mortgage companies with obtaining Mortgage Broker Licensing, Mortgage Lender Licensing and Banker Licensing, Mortgage Servicer Licensing, NMLS Licensing, and FHA Licensing. We also assist mortgage loan originators and contract mortgage processors with obtaining mortgage loan originator licenses.

Full-Service Mortgage Licensing

We coordinate the process from start to finish, including the Secretary of State, Surety Bonds, NMLS, and License Applications.

Licensing Maintenance

We can assist with maintaining your mortgage licenses, including NMLS Maintenance, License Renewals, and Annual Reports