South Dakota Mortgage Licensing Requirements
License Type: South Dakota Mortgage Brokerage License
Physical Branch requirement
Not Required
Qualifying Individual Required
Not Required
Minimum Company Net Worth
No Requirement
Company Financial Statements
P & L and Balance Sheet
Surety Bond Requirement
$25,000
Average Timeframe
45 Days
License Type: South Dakota Mortgage Lender License
Physical Branch requirement
Not Required
Qualifying Individual Required
Not Required
Minimum Company Net Worth
No Requirement
Company Financial Statements
P & L and Balance Sheet
Surety Bond Requirement
$25,000
Average Timeframe
45 Days