Oklahoma mortgage licensing
Mortgage Broker Licensing
License: Oklahoma Mortgage Broker License
Physical Office Required: No
Qualifying Individual Required: Yes, one individual must obtain an OK MLO license and be identified as the QI
Minimum Net Worth: None
Financial Statements: Unaudited
Surety Bond Amount: None
Company License Fee: $1,760
Mortgage Lender Licensing
License: Oklahoma Mortgage Lender License
Physical Office Required: No
Qualifying Individual Required: Yes, must be licensed OK MLO
Minimum Net Worth: $25,000
Financial Statements: CPA Audited
Surety Bond Amount: $100,000
Company License Fee: $1,760
Regulated by:
Oklahoma Department of Consumer Credit
3613 N.W. 56th St., Suite 240
Oklahoma City, OK 73112-4512
Phone: (405) 521-3653
E-mail to okstate@okdocc.ok.gov