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Mortgage Broker License in North Dakota

Verified by the LicensePro editorial team · Updated May 2026

Complete guide to requirements, costs, and the application process

Updated as of May 2026
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Mortgage Broker License cost in North Dakota

$500–$3000
Typical application fee across North Dakota cities. Covers state review, recordkeeping, and initial issuance. North Dakota has simplified business registration processes.
Renewal: Annual (calendar year) ($300–$2100 per cycle) Processing: 6-12 weeks Updated May 2026
Estimated Cost
$500–$3000
Processing Time
6-12 weeks
Renewal
Annual (calendar year)
State Agency
North Dakota Secretary of State
North Dakota Note: North Dakota has simplified business registration processes.

Requirements for Mortgage Broker License in North Dakota

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
  • Sales tax permit (North Dakota imposes state sales tax)
  • Federal EIN from the IRS
  • Proof of business address in North Dakota

North Dakota Tax & Regulatory Overview

State Sales Tax
Yes
State Income Tax
Yes
State License Required
No
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 North Dakota.

2

Register with the state

File with North Dakota Secretary of State at sos.nd.gov. 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: $500–$3000. Processing time: 6-12 weeks.

5

Obtain additional permits

Register for a sales tax permit. 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 North Dakota Secretary of State and maintain any required insurance or bonding.

Mortgage Broker License by City in North Dakota

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

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Useful Tools & Resources

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Frequently Asked Questions

How much does a mortgage broker license cost in North Dakota?

A mortgage broker license in North Dakota typically costs between $500 and $3000, depending on the city and business type. North Dakota has simplified business registration processes.

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

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 North Dakota?

In North Dakota, you typically apply through your local city or county clerk's office. The state regulatory agency is North Dakota Secretary of State (sos.nd.gov).

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

North Dakota generally does not require a separate state-level business license, but you will need to register with North Dakota Secretary of State and obtain any required tax permits.

Verify with official sources

All North Dakota 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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