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Mortgage Broker License in Connecticut

Verified by the LicensePro editorial team · Updated May 2026

Complete guide to requirements, costs, and the application process

Updated as of May 2026

Mortgage Broker License cost in Connecticut

$650–$3900
Typical application fee across Connecticut cities. Covers state review, recordkeeping, and initial issuance. Connecticut requires most businesses to register with the DRS.
Renewal: Annual (calendar year) ($390–$2730 per cycle) Processing: 6-12 weeks Updated May 2026
Estimated Cost
$650–$3900
Processing Time
6-12 weeks
Renewal
Annual (calendar year)
State Agency
Connecticut Secretary of State
Connecticut Note: Connecticut requires most businesses to register with the DRS.

Requirements for Mortgage Broker License in Connecticut

Common Requirements

  • 20 hours of NMLS pre-licensing education
  • Passing the SAFE MLO National Test
  • FBI background check and credit review
  • Surety bond (amount varies by loan volume)
  • Sponsoring mortgage company or broker
  • State-level business license from Connecticut Secretary of State
  • Sales tax permit (Connecticut imposes state sales tax)
  • Federal EIN from the IRS
  • Proof of business address in Connecticut

Connecticut Tax & Regulatory Overview

State Sales Tax
Yes
State Income Tax
Yes
State License Required
Yes
Business Friendliness
★★★☆☆

How to Apply: Step-by-Step

1

Determine your business structure

Choose between sole proprietorship, LLC, corporation, or partnership. This affects your filing requirements and costs in Connecticut.

2

Register with the state

File with Connecticut Secretary of State at ct.gov/sots. LLCs need Articles of Organization; corporations need Articles of Incorporation.

3

Get your federal EIN

Apply for a free Employer Identification Number from the IRS at irs.gov. Required for tax filing, hiring employees, and opening a business bank account.

4

Apply for your Mortgage Broker License

Submit your application to the local city or county clerk's office. Typical cost: $650–$3900. Processing time: 6-12 weeks.

5

Obtain additional permits

Register for a sales tax permit. Obtain your state business license. Check for zoning, health, or industry-specific permits required in your municipality.

6

Stay compliant

Mark your calendar for annual (calendar year) renewal. File annual reports with Connecticut Secretary of State and maintain any required insurance or bonding.

Mortgage Broker License by City in Connecticut

Select a city for specific local requirements, costs, and application steps.

Useful Tools & Resources

Mortgage Broker License Cost Calculator
Estimate your total costs by state
Compare Filing Services
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Business License Checklist
Interactive step-by-step guide

Frequently Asked Questions

How much does a mortgage broker license cost in Connecticut?

A mortgage broker license in Connecticut typically costs between $650 and $3900, depending on the city and business type. Connecticut requires most businesses to register with the DRS.

How long does it take to get a mortgage broker license in Connecticut?

Processing time is typically 6-12 weeks. Some cities may process faster or slower depending on application volume and completeness.

Where do I apply for a mortgage broker license in Connecticut?

In Connecticut, you typically apply through your local city or county clerk's office. The state regulatory agency is Connecticut Secretary of State (ct.gov/sots).

Do I need a state license in addition to a city license?

Yes, Connecticut requires a separate state-level business license in addition to any local city permits.

Verify with official sources

All Connecticut licensing information on this page is sourced from state and federal agencies. Always confirm current fees and requirements directly with the issuing authority before filing:

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