MS Dept of Banking & Consumer Finance

Consumer Loan Broker Licensing Information

Licenses are issued for one year concurrent with the date of the required bond.

Minimum Requirements:

  1. The initial license and renewal license fee are each $300.
  2. Surety Bond of $25,000 for appropriate licensing period.
  3. Financial statement: Assets, liabilities, and capital, if corporation; Assets, liabilities, and net worth, if applicant is not a corporation. Assets, liabilities, and capital of parent corporation, if license is being requested for subsidiary office of corporation.
  4. Statement as to type of business activity proposed.
  5. Registered with the Mississippi Secretary of State as required by state law.

Consumer Loan Broker Application Forms and Instructions:

Each applicant must download, complete and submit each of the following forms:

Consumer Loan Broker Application - PDF
Consumer Loan Broker Contact List - PDF
Consumer Loan Broker Surety Bond - PDF
Consumer Loan Broker Instructions - PDF

Forms to Update Existing Office(s)

Consumer Loan Broker Application for Name Change - PDF
Consumer Loan Broker Application for Relocation of Existing Office - PDF

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