How Much Does a Mortgage Broker or Banker Bond Cost in Wisconsin?
Mortgage Broker Bond
$120,000 Bond
Mortgage Banker Bond
$300,000 Bond
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Getting Your Wisconsin Business License or Registration
The Wisconsin Department of Financial Institutions regulates, oversees and supervises mortgage loan originators, mortgage bankers and mortgage brokers in the state of Wisconsin. The Nationwide Mortgage Licensing System & Registry (NMLS) must be used to apply and manage mortgage licensing in the state. NMLS is a nationwide mortgage licensing system operated by state financial regulators including Wisconsin.
Other Helpful Information and Links
State of Wisconsin Department of Financial Institutions Mortgage Banking