COVID-19 Update: We are reducing costs for qualified applicants, and offering same day bonding.
Please apply online, or call our team for assistance. Learn more
Contact Our Experts

Texas Mortgage Broker License Guide

In Texas, entities engaged in the residential mortgage loan business need to be registered with the state. The registrations are regulated and issued by the Texas Department of Savings and Mortgage Lending.

The application process for companies and individuals is handled by the Nationwide Mortgage Licensing System (NMLS). NMLS allows entities and loan originators to apply or renew a license or registration online.

Types of Mortgage Licenses in Texas

Texas has three major state license types: Company, Branch, and Individual. Each license type depends on the work you wish to perform.

In this guide, we’ll cover the most common licenses only. You can review the full list on the NMLS website.

Most Common Company Licenses

  • Financial Services Company Registration - allows companies to perform the services of a residential mortgage loan company. Note that the services need to be conducted by individuals who are exclusive agents of the registrant (the financial services company).
  • Residential Mortgage Loan Servicer Registration - allows entities to make payments of principal and interest (to loan owners or other third parties) and receive scheduled payments from borrowers (under the terms of residential mortgage loans).

Texas State Requirements

All license applications are to be submitted online in NMLS. Please note that some agency-specific documentation, such as the surety bond, needs to be faxed or sent directly to the Department. You may mail your documents to Texas Department of Savings and Mortgage Lending, Division of Licensing, 2601 N. Lamar, Suite 201, Austin, TX 78705. For fax delivery, please use Division of Licensing (512) 475-1360.

For additional assistance with the license requirements, please contact the Division of Licensing at (512) 475-1350, (877) 276-5550 or [email protected].

For NMLS-related questions and information, you may contact NMLS call center at (855) 665-7123.

Education and Exams

Passing an exam is obligatory for some, but not all license/registration types in Texas. You don’t need to complete an education course or pass an examination in order to get a Financial Services Company or Residential Mortgage Loan Servicer registration.

TX Mortgage Broker Bonds

Bonds for Company Licenses

  • Financial Services Company Registration - All registration applicants are required to furnish an original surety bond. The amount of the bond for this registration is $1,000,000.
  • Residential Mortgage Loan Servicer Registration - Applicants must provide an original Residential Mortgage Loan Servicer surety bond. The bond amount depends on the applicant’s servicing volume.
    • $25,000 surety bond if the servicing volume does not exceed $25,000,000.
    • $50,000 surety bond if the servicing volume is over $25,000,000.

Get a FREE Mortgage Broker Bond Quote Today

Get free pricing from the top bond companies in the U.S.

Get Your Free Quote No obligation | 100% Secure

Licensing Fees

Fees for Company Licenses

All fees submitted through NMLS are non-refundable.

  • Financial Services Company Registration
    • $100 NMLS processing fee.

      Note: The registration fee is based on the number of exclusive agents enrolled for a license. The amount will be reviewed by SML quarterly, and additional fees may be require d if the initial projections have been exceeded.

    • $200,000 registration fee, or $150 multiplied by the number of agents, for fewer than 2,000 exclusive agents.
    • $225,000 registration fee for 2,001 - 2,500 exclusive agents.
    • $250,000 registration fee for 2,501 - 3,000 exclusive agents.
    • $300,000 registration fee for 3,001 - 5,000 exclusive agents.
    • $350,000 registration fee if the number of exclusive agents is over 5,001.
  • Residential Mortgage Loan Servicer Registration
    • $600 license costs.
    • $100 NMLS processing fee.

Get Your Free Licensing Tips

Get free licensing tips sent straight to your inbox.

  • Learn how to get licensed in a few easy steps
  • Understand the licensing requirements for your state
  • Learn how to stay compliant
  • Get a free license bond quote in minutes
Get Your Free Licensing Tips
We'll never share your information with third parties.

Get Your Surety Bonds from the Best Bonding Companies
We work with the top A-rated, T-listed surety bond companies in the nation

Jennifer Henson
Our company has been with JW Surety for several years now so when we needed to obtain a bond for a new company, we immediately went to them for help. Our rep, Melissa, was extremely helpful and prompt which made the process extremely easy for me.
David Tillotson
Trying to get a local Surety Bond was like driving a car on three tires. I searched Surety Bonds and found JW Surety Bonds. I got online and filled out the information and with in 30 minutes received a response from Melissa. She was informative, friendly and helpful. One more super satisfied customer.

The Nation’s #1 Volume Surety Bond Service
Our company writes $4,000,000,000+ in bonds each year!
  • #1 Bond Writer
    We are the nation's largest volume bond producer.
  • Easy Process
    Fastest online surety bond application process; we approve bonds instantly.
  • Lowest Rates
    Our high volume allows us to negotiate lower rates on your behalf.
  • Claim Specialists
    Your JW surety bond agent will be your claims advocate when you need them most.

Don't wait days to get bonded. Get your surety bond instantly!

Get Your Free Bond Quote
About JW Surety Bonds
We are a family owned and operated agency established in 2003. We started with just two people, and grew to become the largest volume bond producer in the nation with 50+ employees. Since day one, our team focus has been on providing real-time online quotes, an easy process, and the best in claims defense. Learn more about our company.