Oklahoma HB1883 sets annual fees for mortgage broker licenses, effective November 1, 2025.
Oklahoma HB1883 amends the annual fee for mortgage broker licenses, establishing a minimum fee of $1,000 and a maximum of $40,000 for the portion based on loan origination volume. The bill also sets a maximum fee of $35,000 for the portion based on loan servicing volume. It applies to licenses renewed starting November 1, 2025, and includes provisions for late renewal fees, initial license fees, and late renewal fees. The bill affects mortgage brokers and lenders in Oklahoma.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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