All Georgia licenses
Georgia
Mortgage Lender License
Chart-sourced
- Agency
- Georgia Department of Banking & Finance
- Statute
- O.C.G.A. 7-1-1000 et. seq.
Who may need this license
Detailed scope guidance is being verified against the current NMLS checklist.
Estimated filing costs
- Application fee
- $250
- License fee
- $900
- NMLS fee
- $120
Financial requirements
- Financial statement (new application)
- Audited or Unaudited
- Annual financial statement
- Not Required
- Net worth
- $100,000
Bonding
- Surety bond required
- Yes
- Minimum bond amount
- $250,000
Control-person and background requirements
- Credit report roles
- Direct Owners: Yes; Indirect Owners: Yes
- Criminal background check roles
- Direct Owners / Executive Officers: Every executive officer and only direct owners with 10% or more ownership interest; Indirect Owners: Indirect owners with 10% or more ownership interest in the licensee
Ongoing reporting
- MCR — Mortgage Call Report
- Required
- SSSF — State-Specific Supplemental Form
- Not required
- UAAR — UAAR
- Not required
A periodic report of loan origination and servicing activity filed through NMLS.
A state-specific form filed alongside standard NMLS reporting to satisfy that state's additional requirements.
A state reporting requirement. The full definition has not yet been verified against NMLS or state-regulator source documentation — treat as provisional pending confirmation. (definition pending verification)
Advance-change notice timing
- Legal name change notice
- 5 days
- Main address change notice
- 5 days
Informational only — not legal advice. Requirements change without notice; verify with NMLS and the applicable state regulator before relying on any item. Source data © CSBS/NMLS; presented with restructured, paraphrased content and attribution.