Broker Matrix
Thomas Law Firm Processing Fees
NMLS Application Fees
Secretary of State Registations
Surety Bond Annual Premiums
Below is the Thomas Law Firm Mortgage Banker Matrix of Costs Spreadsheet which details the 4 out-of-pocket fees for your mortgage licensing project: [1] the Thomas Law Firm processing fee [2] the State Application filing fees [3] the Secretaries of States Registrations and [4] the Surety Bond annual premiums.
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| ST | License | Facts | TLF Fee | Filing | Qualif. | Bond Prem | Bond Req. | Net Worth | Credit Line | State Total | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AK | Broker | L/A | 500 | 850 | 655 | 0 | 0 | 0 | 0 | $2,005.00 | ||
| 2 | AL | Broker | 500 | 700 | 350 | 0 | N/A | 25k | 0 | $1,550.00 | |||
| 3 | AR | Loan Co. | LO/A | 500 | 850 | 575 | 500 | 50k | 25k | 0 | $2,425.00 | ||
| 4 | AZ | Broker | E/F/Phy. Off. | 500 | 900 | 565 | 150 | 15k | N/A | 0 | $2,115.00 | ||
| 5 | CA | Fin. Lender | F | 500 | 320 | 365 | 250 | 25k | 250k | 0 | $1,435.00 | ||
| 6 | CO | Loan Originator | F/E/C | 500 | 350 | 525 | 250 | 25k | 0 | 0 | $1,625.00 | ||
| 7 | CT | Broker | L0 | 500 | 600 | 410 | 500-1500 | 50-150k | 25k | 0 | $1,510.00 | ||
| 8 | DC | Broker | A | 500 | 1200 | 495 | 125 | 12.5k | 10k | 0 | $2,320.00 | ||
| 9 | DE | Broker | 500 | 250 | 460 | 250 | 25k | N/A | 0 | $1,460.00 | |||
| 10 | FL | Broker | E/A/LO | 500 | 450 | 430 | 100 | 10k | 25k | 0 | $1,480.00 | ||
| 11 | GA | Broker | C/F/Phy. Off. Maybe | 500 | 750 | 605 | 500 | 50k | 0 | 0 | $2,355.00 | ||
| 12 | HI | Broker | LO/Phy. Off. | 500 | 380 | 380 | 150 | 15k | N/A | 0 | $1,410.00 | ||
| 13 | IA | Broker | F | 500 | 500 | 405 | 1000 | 100k | N/A | 0 | $2,405.00 | ||
| 14 | ID | Broker | LO | 500 | 700 | 385 | 0 | 0 | 10k | 0 | $1,585.00 | ||
| 15 | IL | Residential Loan | E/LO/C/A/FB | 500 | 2143 | 960 | 200 | 20k | 150k | 0 | $3,803.00 | ||
| 16 | IN | Loan Broker | C | 500 | 300 | 370 | 500 | 50k | N/A | 0 | $1,670.00 | ||
| 17 | KS | Broker | LO/F/A | 500 | 1000 | 465 | 1000 | 100k | N/A | 0 | $2,965.00 | ||
| 18 | KY | Broker | LO/F/A | 500 | 850 | 435 | 500 | 50k | N/A | 0 | $2,285.00 | ||
| 19 | LA | Broker | E/LO/C/F | 500 | 500 | 440 | 500 | 50k | N/A | 0 | $1,940.00 | ||
| 20 | MA | Broker | A | 500 | 1000 | 815 | 750 | 75k | N/A | 0 | $3,065.00 | ||
| 21 | MD | Lender | F/LO/Phy. Off. Maybe | 500 | 1200 | 445 | 500 | 50-150k | 25-100k | 0 | $2,645.00 | ||
| 22 | ME | Broker | LO | 500 | 400 | 575 | 250 | 25k | 0 | 0 | $1,725.00 | ||
| 23 | MI | 1st Broker | 500 | 1050 | 335 | 0 | N/A | 25k | 0 | $1,885.00 | |||
| 24 | MI | 2nd Broker | 500 | 1050 | 0 | 0 | 0 | 0 | 0 | $1,550.00 | |||
| 25 | MN | Originator | C | 500 | 2184.45 | 465 | 0 | N/A | 25k | 0 | $3,149.45 | ||
| 26 | MO | Broker | Phy. Off. | 500 | 600 | 600 | 200 | 20k | 25k | 0 | $1,900.00 | ||
| 27 | MS | Broker | LO/F | 500 | 851 | 560 | 250 | 25k | N/A | 0 | $2,161.00 | ||
| 28 | MT | 1st Broker | E/LO | 500 | 350 | 375 | 250 | 25k | N/A | 0 | $1,475.00 | ||
| 29 | NC | Broker | E/LO/F/C/Phy. Off. | 500 | 1396 | 630 | 500 | 50k | N/A | 0 | $3,026.00 | ||
| 30 | ND | Money Broker | 500 | 900 | 400 | 250 | 25k | N/A | 0 | $2,050.00 | |||
| 31 | NE | Banker | 500 | 500 | 400 | 1000 | 100k | N/A | 0 | $2,400.00 | |||
| 32 | NH | 1st Broker | LO/F | 500 | 600 | 380 | 200 | 20k | N/A | 0 | $1,680.00 | ||
| 33 | NJ | 1st Broker | E/LO/A | 500 | 1300 | 455 | 1500 | 150k | 50k | 0 | $3,755.00 | ||
| 34 | NM | Lender | 500 | 1600 | 380 | 500 | 50k | N/A | 0 | $2,980.00 | |||
| 35 | NV | Broker | F/LO/E/Phy. Off. | 500 | 1500 | 480 | 500 | 50k | N/A | 0 | $2,980.00 | ||
| 36 | NY | Broker | F | 500 | 1500 | 1385 | 100 | 10k | 0 | 0 | $3,485.00 | ||
| 37 | OH | Broker | E/LO/C/Phy. Off. | 500 | 450 | 500 | 500 | 50k | N/A | 0 | $1,950.00 | ||
| 38 | OK | Broker | E/LO | 500 | 1000 | 605 | 0 | N/A | N/A | 0 | $2,105.00 | ||
| 39 | OR | Broker | E/LO/C | 500 | 650 | 330 | 250 | 25k | N/A | 0 | $1,730.00 | ||
| 40 | PA | Broker | F/LO | 500 | 1100 | 545 | 0 | 0 | N/A | 0 | $2,145.00 | ||
| 41 | RI | Broker | 5 YRS EXP. | 500 | 325 | 435 | 200 | 20k | 10k | 0 | $1,460.00 | ||
| 42 | SC | Broker | LO/Phy. Off. | 500 | 850 | 385 | 100 | 10k | N/A | 0 | $1,835.00 | ||
| 43 | SD | Broker | F | 500 | 750 | 820 | 250 | 25k | N/A | 0 | $2,320.00 | ||
| 44 | TN | Broker | LO/A | 500 | 700 | 585 | 900 | 90k | 25k | 0 | $2,685.00 | ||
| 45 | TX | Broker | C/E/LO/Phy. Off. | 500 | 663.25 | 1055 | 0 | N/A | 25k | 0 | $2,218.25 | ||
| 46 | UT | Broker | E/LO | 500 | 512 | 407 | 0 | N/A | N/A | 0 | $1,419.00 | ||
| 47 | UT | Mtg Notification | 0 | 25 | 0 | 0 | 0 | 0 | 0 | $25.00 | |||
| 48 | VA | Broker | F | 500 | 500 | 485 | 250 | 25k | 0 | 0 | $1,735.00 | ||
| 49 | VT | Broker | A | 500 | 1100 | 375 | 100 | 10k | 0 | 0 | $2,075.00 | ||
| 50 | WA | Broker | E/LO/F | 500 | 1001 | 475 | 200 | 20-60k | N/A | 0 | $2,176.00 | ||
| 51 | WI | Broker | E/LO | 500 | 850 | 430 | 1200 | 120k | 250k* | 0 | $2,980.00 | ||
| 52 | WV | Broker | LO | 500 | 450 | 455 | 500 | 50 or 100k | 10k | 0 | $1,905.00 | ||
| 56 | WY | Broker | 500 | 500 | 365 | 250 | 25k | N/A | 0 | $1,615.00 | |||
| Total | 26000 | 43000.7 | 26207 | 17425 | |||||||||
| Pay to | Pay to | Pay to | Pay to | ||||||||||
| TLF | State | TLC | Ins Comp. | ||||||||||
| LEGEND | Thomas Law Firm Fees | $26,000.00 | |||||||||||
| O=Physical Office Req'd | C=Class/Education Req'd | Additional Licensing Fees | 86,632.70 | ||||||||||
| LO=Loan Officer | A=Audited Financials Req'd | TOTAL LICENSING FEE | $112,632.70 | ||||||||||
| F=Fingerprint Cards | FB=Fidelity Bond | ||||||||||||
| E=Exam | |||||||||||||
| Our Pricing and Fees do not include Branch License Fees and Loan Officer Application Fees (these fees are not included) | |||||||||||||
