Fees

Card Set Information

Author:
chicaevie
ID:
45711
Filename:
Fees
Updated:
2010-10-28 15:34:05
Tags:
Florida State Mortgage Exam
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Description:
Florida State Mortgage Exam
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  1. Application Fee for:

    Mortgage Company
    Mortgage Loan Originator
    Branch Office
    • $100.00
    • $30.00
    • $20.00
  2. Licensing Fees

    Res. Mortgage Lender License
    Res. Mortgage Broker License
    Mortgage Loan Original License
    • Fee Guaranty Fee NMLS Proc
    • $500 $100 $100 = $700
    • $425 $100 $30 = $625
    • $195 $20 $30 = $245
  3. License Renewal Fees

    Mortgage Broker Lic
    Mortgage Lender Lic
    Loan Originator Lic
    • Fee Mtg. Fund Criminal Check
    • $375 $100 $25.25
    • $475 $100 N/A
    • $150 $20 $25.25
  4. Violations of rules result in?
    License suspension and a fine of $500
  5. What is the brokers fee for loan amount 0 - 100?
    $250
  6. What is the broker's fee for $1000 to $2000?
    $250 for first $1,000, plus $10 per additional $100
  7. What is the brokers fee for loan amount $2,000 - $5,000?
    $350 for first $2,000, plus $10 per additional $100
  8. What is the brokers fee for $5,000 to unlimited?
    $250 plus 10% of entire loan amount

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