California NMLS Practice Test 2025 – Complete Exam Prep

The application fees for licensing in the mortgage industry vary based on the type of license. For a mortgage loan originator, the fee is established at $169, which reflects the necessary costs for processing the application and conducting the required background checks. This fee is specific to ensure that the originator meets the regulatory standards set forth for operating in California.

For a California Finance Lenders Law (CFLL) branch licensee, the application fee is $320. This fee supports the comprehensive review process involved in evaluating the financial integrity and operational capability of the branch seeking licensure. The higher fee compared to the mortgage loan originator reflects the more extensive requirements for branch operations.

Lastly, for a California Residential Mortgage Lending Act (CRMLA) branch licensee, the fee is set at $20. This fee is notably lower than that for a CFLL branch licensee due to the streamlined nature of the CRMLA application process, which has different regulatory requirements.

This combination of fees—$169 for the mortgage loan originator, $320 for the CFLL branch licensee, and $20 for the CRMLA branch licensee—accurately reflects the structure of costs associated with these licensing applications.