South Dakota Mortgage Licensing
Mortgage Broker Licensing
License: South Dakota Mortgage Brokerage License
Physical Office Required: No
Qualifying Individual Required: No
Minimum Net Worth: None
Financial Statements: Unaudited (certified by officer)
Surety Bond Amount: $25,000
Company License Fee: $600
Mortgage Lender Licensing
License: South Dakota Mortgage Lender License
Physical Office Required: No
Qualifying Individual Required: No
Minimum Net Worth: None
Financial Statements: Unaudited (certified by officer, last 4 years and last 90 days)
Surety Bond Amount: $25,000
Company License Fee: $850
Regulated by:
Division of Banking
1601 N. Harrison Avenue, Suite 1
Pierre, SD 57501
Phone: 605-773-3421
Fax: 605-773-5367