2.59.1738    RENEWAL FEES

(1) Licenses issued under Title 32, chapter 9, part 1, MCA, expire December 31. Licensees shall submit their renewal applications by December 1 of each year to ensure issuance of the license to qualified renewal applicants by January 1 of the following year. The renewal fees for the license period January 1 through December 31 are:

(a) Mortgage Broker Entity, $500.00, (except as provided in 32-9-117(1)(b), MCA);

(b) Mortgage Broker Branch, $250.00;

(c) Mortgage Lender Entity, $750.00;

(d) Mortgage Lender Branch, $250.00;

(e) Mortgage Loan Originator, $400.00;

(f) Mortgage Servicer Entity, $750.00;

(g) Mortgage Servicer Branch, $250.00.

(2) The renewal fees listed in (1) are reduced by 75 percent for 2019. This section sunsets on March 1, 2019.

 

History: 32-9-117, 32-9-134, MCA; IMP, 32-9-117, 32-9-130, 32-9-134, MCA; NEW, 2011 MAR p. 2392, Eff. 11/11/11; AMD, 2014 MAR p. 2771, Eff. 11/7/14; AMD, 2015 MAR p.1478, Eff. 9/25/15; AMD, 2016 MAR p. 1845, Eff. 10/15/16; AMD, 2018 MAR p. 822, Eff. 4/28/18.