Mississippi Mortgage Licensing | Mississippi Department of Banking and Consumer Finance
Mortgage Banker | Mortgage Lender License
License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee: $500 – Foreign Entity Application $125 – Registered Agent Fee $851 – Company License Fee $1,500 – Surety Bond Fee |
Mortgage Broker | Mortgage Broker License
License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$500 – Foreign Entity Application
$125 – Registered Agent Fee
$851 – Company License Fee
$250 – Surety Bond Fee
- Physical In-State Office Required: Yes, must have 2 years of mortgage experience in last 4 years and must obtain a MS LO License (Verified with letters from past employers).
- Qualifying Individual: No
- Minimum Net Worth: $ None
- Surety Bond: $25,000
- Branch Licensing: Yes
- Loan Originator Licensing: Yes
License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$500 – Foreign Entity Application
$125 – Registered Agent Fee
$851 – Company License Fee
$250 – Surety Bond Fee
Regulated by:
Mississippi Department of Banking and Consumer Finance
901 Woolfolk Building Suite A
501 N. West Street, Suite 901A
P.O. Box 23729
Jackson, MS 39225-3729
Telephone: (601) 359-1031 or (800) 844-2499
Fax: (601) 359-3557
lisa.oswalt@dbcf.ms.gov - compliance, loan originators
Tricia Knighton - tricia.knighton@dbcf.ms.gov - brokers, branches
mary.spires@dbcf.ms.gov - loan originators
mortgage@dbcf.ms.gov - mortgage department
http://www.dbcf.state.ms.us/
Mississippi Department of Banking and Consumer Finance
901 Woolfolk Building Suite A
501 N. West Street, Suite 901A
P.O. Box 23729
Jackson, MS 39225-3729
Telephone: (601) 359-1031 or (800) 844-2499
Fax: (601) 359-3557
lisa.oswalt@dbcf.ms.gov - compliance, loan originators
Tricia Knighton - tricia.knighton@dbcf.ms.gov - brokers, branches
mary.spires@dbcf.ms.gov - loan originators
mortgage@dbcf.ms.gov - mortgage department
http://www.dbcf.state.ms.us/