Texas Mortgage Broker License Requirements for 2026
Updated February 2026
Overview
Texas mortgage brokers are licensed by the Texas Department of Savings and Mortgage Lending. The state requires a residential mortgage loan originator license for brokers, with specific net worth and surety bond requirements.
Requirements
| Requirement | Details |
|---|---|
| Pre-Licensing Education | 20 hours NMLS-approved pre-licensing education |
| Exam Requirements | NMLS UST (Uniform State Test) with 75% passing score |
| Background Check | FBI criminal background check + credit report |
| Net Worth Requirement | $25,000 minimum tangible net worth |
| Surety Bond | $50,000 surety bond required |
| Experience | Varies by state - typically 1-3 years mortgage experience |
Estimated Costs
| Cost Item | Amount |
|---|---|
| State Application Fee | $500-1,500 |
| NMLS Fee | $100 (initial) + $100 (annual renewal) |
| Background Check | $36.25 (FBI) + $15 (credit report) |
| Pre-Licensing Education | $300-600 for 20-hour course |
| Surety Bond | $500-5,000/year (depends on bond amount) |
| Total Estimated Cost | $1,500-8,000+ |
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Steps to Get Licensed
- 1Complete 20 hours of NMLS-approved pre-licensing education
- 2Register on the NMLS and create your Texas state application
- 3Submit to FBI criminal background check and credit report
- 4Meet net worth and surety bond requirements
- 5Pass the NMLS UST exam for Texas
- 6Submit your application with all required documentation
- 7Maintain your license with annual CE and renewal fees
Renewal Information
Texas mortgage broker licenses must be renewed annually through the NMLS between November 1 and December 31. Renewal requires 8 hours of NMLS-approved continuing education and payment of renewal fees.
NMLS Resource: Visit NMLS Website