Cost Matrix
Lender License Matrix
Your 4 Key Out-of-Pocket Fees for Lender Licensing
Understanding Your 4 Key Fees
1
TLF Processing Fee
Thomas Law Firm's flat fee for preparing and processing your state license application.
2
NMLS / State Filing Fees
Application and filing fees paid directly to NMLS and/or the state regulatory agency.
3
SOS Registration
Secretary of State registration or foreign entity qualification fees required by each state.
4
Surety Bond Premium
Annual premium for the surety bond required by most states as a condition of licensure.
State-by-State Lender Licensing Costs
Sample of key states. Contact us for the complete 50-state matrix.
| State | License Type | TLF Fee | State Filing | SOS Reg. | Bond Premium | Bond Req. | Net Worth | Est. Total |
|---|---|---|---|---|---|---|---|---|
| AK | Lender | $500 | $850 | $655 | $250 | $25K | - | $2,255 |
| CA | Banker | $500 | $1,100 | $365 | $500 | $50K | $250K | $2,465 |
| FL | Lender | $500 | $575 | $305 | $500 | $50K | $25K | $1,880 |
| IL | Lender | $500 | $2,143 | $410 | $750 | $100K | - | $3,803 |
| NY | Banker | $500 | $3,000 | $1,385 | $500 | $50K | $250K | $5,385 |
| TX | Lender | $500 | $750 | $305 | $375 | $50K | - | $1,930 |
| All 50 States Total | $25,500 | $141,632.21 | ||||||
Note: Contact us for the complete 50-state matrix. Fees are estimates and subject to change. Actual costs may vary based on entity structure and state-specific requirements.
Legend
O = Physical Office Required C = Class/Education E = Exam A = Audited Financials F = Fingerprints FB = Fidelity Bond LO = Loan Officer
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