Servicer Matrix
Complete cost breakdown for mortgage servicer licensing fees and requirements
Your 4 Key Out-of-Pocket Fees
Below is the Thomas Law Firm Mortgage Servicer 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
- [4] The Surety Bond annual premiums
Thomas Law Firm Processing Fees
Professional legal fees for preparing and processing your mortgage servicer license application through the NMLS system and state regulators.
NMLS Application Fees
State filing fees required for mortgage servicer license applications. These fees vary by state and license type.
Secretary of State Registrations
Corporate registration fees for establishing your business entity with each state's Secretary of State office.
Surety Bond Annual Premiums
Annual premiums for required surety bonds, which protect consumers and ensure compliance with state regulations.
| # | State | License Type | Details | TLF Fee | Application | SOS Reg. | Bond Premium | Bond Req. | Net Worth | Credit Line | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AK | Mtg. Servicer | Request for "No Action" Letter from State Authorizing Servicing W/O a License | $100 | $0 | $0 | $0 | $0 | $0 | $0 | $100 |
| 2 | AK | Coll. Agency | Request for "No Action" Letter from State Authorizing Servicing W/O a License | $100 | $0 | $0 | $0 | $0 | $0 | $0 | $100 |
| 3 | AL | Mtg. Servicer | $500 | $600 | $350 | $250 | $25,000 | $25k | $0 | $1,450 | |
| 4 | AL | Coll. Agency | Request for "No Action" Letter from State Authorizing Servicing W/O a License | $100 | $0 | $0 | $0 | $0 | N/A | $0 | $100 |
| 5 | AR | Mtg. Servicer A | $500 | $750 | $575 | $1,000 | $100,000 | $25k | $0 | $2,825 | |
| 6 | AR | Coll. Agency | $500 | $125 | $0 | $250 | $25,000 | N/A | $0 | $875 | |
| 7 | AZ | Mtg. Servicer | Request for "No Action" Letter from State Authorizing Servicing W/O a License | $100 | $0 | $0 | $0 | $0 | $0 | $0 | $100 |
| 8 | AZ | Coll. Agency | $500 | $1,500 | $500 | $100 | $10,000 | N/A | $0 | $2,600 | |
| 9 | CA | Mtg. Servicer | Requires HUD Approval | $500 | $1,000 | $365 | $500 | $50,000 | $250k | $0 | $1,865 |
| 10 | CA | Coll. Agency | Request for "No Action" Letter from State Authorizing Servicing W/O a License | $100 | $0 | $0 | $0 | $0 | $0 | $0 | $100 |
| 11 | CO | 2nd Mtg. | $500 | $750 | $525 | $250 | $25,000 | $0 | $0 | $2,025 |
Note: This matrix provides estimated costs. Actual fees may vary based on specific circumstances, state requirements, and timing. Contact Thomas Law Firm for a detailed quote specific to your situation.
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