Illinois Mortgage Lender license renewal
Renewing your Illinois Mortgage Lender License
Illinois mortgage lender licensing renewals: Illinois requires mortgage lender companies to renew their license. Companies must also comply with federal, state and local laws. Other licenses or permits may also be required to be renewed depending on the location and nature of each particular business.
Renewing your Certificate of Authority
With certain limited exceptions, an Illinois Certificate of Authority is required to be renewed annually if a company does business in Illinois regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Illinois requires companies not incorporated in Illinois to obtain before “transacting business” within the state borders of Illinois .
The filing fee for renewing a license as a mortgage lender in Illinois is: Call for a free quote.
The filing fee for renewing an Illinois Certificate of Authority is $150.
Please note: While every effort is made to keep this information up-to-date, no guarantee is made or implied that the the fees stated above are current. Each state implements updates to their fees on their own time-table and a fee increase could be implemented since this information was last verified. Please call our office at 888-315-0805 to verify the latest fee schedules.
Do you want to check on other states’ requirements for obtaining a New mortgage lender license? Click here.