What are the total cost and expenses to get a Texas MLO license?
The TXSML charges a license/registration fee of $145 which includes a $20 Recovery Fund Fee.
Additional fees of $36.25 are for a FBI criminal background check, NMLS processing fee of $35, and a $15 credit report charge.
There is also the cost of completing an MLO license course in Texas. The Texas 20-hour MLO pre-licensing course 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 Texas MLO license cost works out to $540.25.
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