Texas Mortgage Licensing


 

Mortgage Lender and Broker

Mortgage Banker Registration

Physical In-State Office Required: No
Qualifying Individual: No
Minimum Net Worth: None
Surety Bond: None
Comments: Mortgage Banker Registrants must have direct endorsement underwriting authority for FHA loans as a HUD approved mortgagee or be an approved seller/servicer with Fannie Mae in order to be approved.

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$600 – Company License Fee
$750 – Foreign Entity Application
$125 – Registered Agent Fee


 

Mortgage Lender and Broker

Mortgage Company License

Physical In-State Office Required: Yes, can just be small executive suite with shared receptionist. Not required to be manned.
Qualifying Individual: Yes, does not have to be in-state. Must obtain TX LO License.
Minimum Net Worth: None
Surety Bond: None

License Cost Breakdown – Estimated fees not including Integrity Mortgage Licensing Service Fee:
$275 – Company License Fee
$70 – Branch License Fee (TX Branch)
$750 – Foreign Entity Application
$125 – Registered Agent Fee


 

Regulated by:

Texas Department of Savings and Mortgage Lending

Attention: Division of Licensing
2601 North Lamar, Suite 201
Austin, Texas 78705
Telephone: 512-475-1350 (#2)
Fax: 512-475-1360
Compliance Questions | Justin Accola | 512-475-0172