What are the total cost and expenses to get a New York MLO license?

The NYDFS charges a license application fee of $379.
Additional fees of $36.25 are for a FBI criminal background check, NMLS processing fee of $30, and $15 credit report charge.

Additionally, there is the cost of completing an MLO license course in New York. The New York MLO pre-licensing course package is offered by RealEstateU for $199.

After completing the NYS MLO pre-licensing course, you must pay $110 to take the National MLO SAFE test.

The total New York MLO license cost works out to $769.25.

Related FAQs