Our current FREE Service offer ends today Here is a breakdown of how much a loan broker business would cost you if you built it out on your own Details are below but I will give you the numbers here - Business Loan Broker all 50 states = $30,000 to $100,000 (our cost is FREE)
- Mortgage Broker all 50 states initial setup fee = $75,000 - $150,000 (our cost is FREE)
- Mortgage Broker all 50 states initial setup fee = $50,000 - $100,000 (our cost is FREE)
Click here to get our FREE services before then end TOMORROW Cost to Start a Nationwide Business Loan Broker BusinessEstimated Total Out-of-Pocket CostCategory | Estimated Cost |
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Business Entity Setup (LLC/Corp in home state) | $100 – $800 | Foreign Entity Registration (49 other states) | $7,000+ | State Licensing (approx. 15–20 states) | $5,000 – $15,000 | Registered Agent Services (50 states) | $5,000/year | Legal & Compliance Consulting | $5,000 – $15,000 | Insurance (E&O, General Liability) | $1,500 – $5,000/year | CRM & Business Loan Matching Software | $2,000 – $10,000/year | Website, Branding, Lead Gen Tools | $2,000 – $8,000 | Marketing & Advertising | $5,000 – $15,000+ | Training, Coaching, Certifications | $1,000 – $5,000 | Misc. Tech Stack (Zoom, email, file storage, etc.) | $500 – $2,000/year |
Grand Total EstimateSetup Type | Estimated Cost |
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Lean Setup | $30,000 – $50,000 | Full-Scale Operation | $60,000 – $100,000+ |
Click here to get our FREE services before then end TOMORROW Cost to Start a Mortgage Broker Business in All 50 States1. Licensing & NMLS Fees (All 50 States)Item | Estimated Total |
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State Application Fees | $25,000–$75,000 | NMLS Processing Fees | $5,000 | FBI Background & Credit Checks | $2,500 | SAFE MLO Exam (State-Specific) | $1,000 | Pre-licensing Education | $2,000–$3,000 |
2. Surety BondsBond premiums vary by state and volume, averaging 0.5%–2% of bond amounts. Estimated Bond Premiums: $25,000 – $75,000 per year 3. Business Setup & LegalItem | Cost |
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Entity Registration (multi-state) | $500–$2,500 | Registered Agents (50 states) | $5,000/year | Legal & Compliance Consulting | $10,000–$30,000 |
4. Technology & OperationsItem | Cost |
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Loan Origination System (LOS) | $300–$1,000/month | CRM & Compliance Tools | $200–$500/month | Document Management, eSignature, etc. | $100–$300/month |
Annual Total (Tech): $10,000 – $20,000 5. InsuranceE&O + General Liability: $2,000 – $5,000/year 6. Office SetupSome states may require physical office space. Estimated Cost: $0 – $20,000+ Grand Total EstimateType | Cost Range |
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Initial Setup Cost | $75,000 – $150,000 | Annual Recurring Costs | $50,000 – $100,000+ |
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