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