Mortgage Broker License in Washington
Quick Answer
Washington requires broker-dealer employment, FINRA CRD filing, and passing the Series 7 plus Series 63 or 66 exams through the Department of Financial Institutions.
- Exam
- FINRA Series 7 + Series 63
- Total Cost
- $500 (est.)
- Timeline
- 2-4 months
- Background Check
- Required
- Renewal
- Every Annually (December 31)
Requirements
Mortgage Broker license in Washington
Estimated Costs Est.
- Exam Fee
- $305
- Total Estimated Cost
- $500
Cost Breakdown
Estimated costs for getting your Mortgage Broker license in Washington. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Washington licensing board.
Mortgage Broker Salary in Washington
Entry Level
$46,650
Median
$77,900
Experienced
$141,710
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 Broker in Washington.
- 1
Submit Background Check
No criminal record prohibitions
- 2
Pass the Required Exam
State exam required — FINRA Series 7 + Series 63
- 3
Submit Your Application
File your application with the licensing agency.
- 4
Receive Your License
Processing typically takes 2-4 months.
Mortgage Broker Licensing in Washington: What to Know
Washington registers security salespersons (registered representatives) through the Department of Financial Institutions, Securities Division. The COS data confirms that individuals must work for a registered broker-dealer in Washington State and file through the FINRA Central Registration Depository (CRD). All agents must pass FINRA examinations including the Series 7 and either the Series 63 or Series 66 state law exam. Washington's Securities Act (RCW 21.20) governs these registration requirements for securities professionals.
Frequently Asked Questions
- How much does a Mortgage Broker license cost in Washington?
- The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
- How long does it take to get a Mortgage Broker license in Washington?
- The process typically takes 2-4 months, depending on education completion and exam scheduling.
- What exam do I need for a Mortgage Broker license in Washington?
- You need to pass the FINRA Series 7 + Series 63. State exam required
Considering another state?
Compare Mortgage Broker requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.