How much does a Mortgage Brokers license cost in Montana?

The estimated total cost is $500, including application fees, exam fees ($305), and education costs.

How long does it take to get a Mortgage Brokers license in Montana?

The process typically takes 2-4 months, depending on education completion and exam scheduling.

What exam do I need for a Mortgage Brokers license in Montana?

You need to pass the FINRA Series 7 + Series 63. N/A

Mortgage Brokers License in Montana

Montana requires registration through the State Auditor's Office, FINRA exams (Series 7 + Series 63/66), and broker-dealer sponsorship via the CRD system.

Exam: FINRA Series 7 + Series 63
Total Cost: $500 (est.)
Timeline: 2-4 months
Renewal: Every Annually (December 31)

Requirements

Mortgage Brokers license in Montana

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Veterans Benefits

N/A - Not displayed

Estimated Costs Est.

Exam Fee: $305
Total Estimated Cost: $500

Licensing Agency

Department of Administration~Division of Banking and Financial Institutions

Website 4068412920 Email

Cost Breakdown

Estimated costs for getting your Mortgage Brokers license in Montana. Values marked "Est." are extracted from official descriptions.

Exam Fee

$305

Total Estimated Cost

$500

Education / School Cost

Enter the cost of your pre-licensing education program

Exam FeeEst.$305

Total Estimated Cost$305

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Montana licensing board.

Mortgage Brokers Salary in Montana

Entry Level

$42,780

Median

$68,230

Experienced

$195,340

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Mortgage Brokers in Montana.

1

Submit Your Application

File your application with the licensing agency.
2

Receive Your License

Processing typically takes 2-4 months.

Mortgage Brokers Licensing in Montana: What to Know

Montana registers securities salespeople (also called brokers or stockbrokers) through the State Auditor's Office, which serves as the Commissioner of Securities and Insurance. The COS data confirms the existence of a 'Securities Salespeople' listing. All agents must be sponsored by a FINRA-member broker-dealer, pass the Series 7 and either the Series 63 or Series 66 exam, and register through the CRD system. Montana's Securities Act (Title 30, Chapter 10) governs these registration and blue sky law requirements.

Frequently Asked Questions

How much does a Mortgage Brokers license cost in Montana?: The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
How long does it take to get a Mortgage Brokers license in Montana?: The process typically takes 2-4 months, depending on education completion and exam scheduling.
What exam do I need for a Mortgage Brokers license in Montana?: You need to pass the FINRA Series 7 + Series 63. N/A