Kentucky Mortgage Licensing | Kentucky Office of Financial Institutions
|
Mortgage Banker | Mortgage Loan Company License
License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee: $90 – Foreign Entity App $125 – Registered Agent Fee $850 - Company License Fee $2,500 – KY $250k Surety Bond |
Mortgage Broker | Mortgage Loan Broker License
License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$90 – Foreign Entity App
$125 – Registered Agent Fee
$850 - Company License Fee
$500 – KY $50k Surety Bond
- Physical In-State Office Required: No
- Qualifying Individual: No
- Minimum Net Worth: $ None - Compiled
- Surety Bond: $50,000
- Loan Originator Licensing: Yes
- Branch Licensing: Yes
- Comments: Each Control person must complete Pre-License Education and Testing as required for the KY LO License. Compiled Financial Statement with no minimum net worth. Personal Financials for each owner of 10% or more
License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$90 – Foreign Entity App
$125 – Registered Agent Fee
$850 - Company License Fee
$500 – KY $50k Surety Bond
Regulated by:
Kentucky Office of Financial Institutions
1025 Capital Center Drive, Suite 200
Frankfort, Kentucky 40601
Telephone: (502) 573-3390 or (800) 223-2579
Fax: (502) 573-8787
www.kfi.ky.gov
Kentucky Office of Financial Institutions
1025 Capital Center Drive, Suite 200
Frankfort, Kentucky 40601
Telephone: (502) 573-3390 or (800) 223-2579
Fax: (502) 573-8787
www.kfi.ky.gov
