Oklahoma Mortgage Licensing | Oklahoma Department of Consumer Credit

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Mortgage Broker and Banker | Mortgage Broker License

• Physical In-State Office Required: No - Eliminated 2010
  
• Qualifying Individual: Yes, must hold an OK LO License.
  
• Minimum Net Worth: $ None
  
• Surety Bond: None
  
• State Initial Fee: $1,000
  
• State Renewal Fee: $100
  
• Branch Licensing: Yes
  
• Loan Originator Licensing: Yes
  
• Comments: HUD exemption eliminated 2010

License Cost Breakdown - Estimated fees not including Regulatory Counsel Group Professional Service Fee:
$300 – Foreign Entity Fee
$125 – Registered Agent Fee
$1,760 – Company License Fee 

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Regulated by:
Oklahoma Department of Consumer Credit
3613 NW 56th Street, Suite 240
Oklahoma City, OK 73112
Telephone: (405) 521-3653 
Fax: (405) 521-6740
Tiffany Roberts - [email protected]
http://www.ok.gov/okdocc/