50-State Financial Services Licensing Compliance Guide
Michigan Finance Licensing
Licenses are typically required for individuals and businesses that provide finance industry services in the United States.
This guide contains information about professional finance licensing in Michigan.
Filter Licenses Clear Filters Company Licenses Michigan Financial Services Company Licenses Michigan 1st Mortgage Broker License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 1st Mortgage Broker Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 1st Mortgage Broker/Lender License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Show 15 More Licenses Michigan 1st Mortgage Broker/Lender Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 1st Mortgage Broker/Lender/Servicer License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 1st Mortgage Broker/Lender/Servicer Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 2nd Mortgage Broker License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 2nd Mortgage Broker Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 2nd Mortgage Broker/Lender License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 2nd Mortgage Broker/Lender Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 2nd Mortgage Broker/Lender/Servicer License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan 2nd Mortgage Broker/Lender/Servicer Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan Collection Agency License Agency: Michigan Department of Licensing and Regulatory Affairs (LARA) - Bureau of Professional Licensing Law: MCL § 339.904
Foreign Qualification is Prerequisite: Not Set Bond Requirements: Between $5,000 and $50,000.
Notes: Michigan does not issue branch office licenses, but agencies with multiple locations will each need an agency license.
Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Registration Renewal More Details Filing Method: Online
Agency Fee: $375
Due: Triennially
Amendment More Details Filing Method: Online
Agency Fee: $10
Due: Within 30 days of a change to agency name or address.
Michigan Consumer Financial Services Class I License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan Consumer Financial Services Class II License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan Exempt Mortgage Company Registration Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan Money Transmitter License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Michigan Regulatory Loan License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Individual Licenses Michigan Individual Financial Services Licenses Michigan Collection Agency Manager License Agency: Michigan Department of Licensing and Regulatory Affairs (LARA) - Bureau of Professional Licensing Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
Registration Renewal More Details Filing Method: Online
Agency Fee: $150
Due: Triennially
Michigan Mortgage Loan Originator License Foreign Qualification is Prerequisite: Not Set Exam Required? Not Set Registered Agent (Special Agency) Required? Not Set
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Revised April 19, 2024. Complete data last reviewed January 08, 2019.