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For assistance with mortgage licensing contact us at:
Direct Phone: (714) 656-3960
Fax: (714) 829-1444
ssheasby@integritymortgagelicensing.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.
Oklahoma Mortgage Licensing
Mortgage Banker
Supervised Lender License
Physical Office Required: Yes
In-State Officer/ Key Person: No
Minimum Net Worth: $25,000
Surety Bond: $5,000
State Initial Fee: $675
State Renewal Fee: $150
Branch Licensing: Yes
Loan Officer Licensing: No
Experience/Education: No
Mortgage Broker
Mortgage Broker License
Physical Office Required: Yes
In-State Officer/ Key Person: No
Minimum Net Worth: $ None
Surety Bond: None
State Initial Fee: $1,000
State Renewal Fee: $100
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: 3 years continuous experience within the last five years in the residential Mortgage loan industry, real estate sales of lending industry.
Comments: HUD exemption if you have a HUD approval for Oklahoma
Regulated
by:
Department of Consumer Credit
4545 North Lincoln Boulevard, Suite 104
Oklahoma City, Oklahoma 73105-3408
Telephone: (405) 521-3653
Fax: (405) 521-6740
http://www.okdocc.state.ok.us/mainMB.php