Last Updated on March 30, 2021
Effective March 1, 2021, the application fee for an initial mortgage loan originator license is reduced to $25.00.
The significant growth in the mortgage industry resulted in higher than anticipated collected revenues during this fiscal year to date. The Department has determined that the fee reduction will not impact its ability to cover the anticipated cost of regulation.
Thank you for the work you do and the services you provide to your customers and your communities.