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For assistance with mortgage licensing, contact us at:
Direct Phone: (714) 656-3960
Fax: (714) 829-1444
steven@imlicensing.comInformation herein is for educational purpose only
and is not meant to be a complete statement of all state mortgage
licensing requirements. Additional State and FHA mortgage licensing requirements
may be required. If you need further information, we would encourage you
to contact us directly.
Hawaii Mortgage Licensing
Mortgage Banker or Broker
Mortgage Loan Originator Company License
Physical Office Required: Yes (must be staffed by a Licensed Loan Originator)
In-State Officer/ Key Person: Yes
Minimum Net Worth: $ None
Surety Bond: None
Loan Originator Licensing: Yes
Branch Licensing: Yes
Comments: HUD Foreign Lender Exemption no longer applies as of 1/1/2011.
Average Total Licensing Costs:
$100 – Foreign Corp Fee
$125 – Registered Agent Fee
$1,300 – Company License Fee
$520 – Branch License Fee (Hawaii Location)
$765 – LO License Fee for Hawaii Branch Manager if not already licensed
Mortgage Servicer
Mortgage Servicer License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $ None
Surety Bond: None
State Application Fee:
$500
Loan Officer Licensing: N/A
Branch Licensing: Yes (Only offices located in Hawaii)
Regulated by:
New Licensing Agency (Effective 1/1/2011):
Division of Financial Institutions
dfi-nmls@dcca.hawaii.gov
(808) 586-2820
355 Merchant Street
Room 221
Honolulu, HI 96813
http://hawaii.gov/dcca/dfi
Old Licensing Agency:
Department of Commerce and Consumer Affairs
Att: MB
P.O. Box 3469
Honolulu, HI 96801
Telephone: (808) 586-3000
Cecelia Suzuki: (808) 586-2692
http://www.hawaii.gov/dcca/areas/pvl/programs/mortgage/