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New Mexico Finance Licensing
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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 New Mexico.
- Jump To:
- New Mexico Financial Services Company Licenses
- New Mexico Individual Financial Services Licenses
Company Licenses
New Mexico Financial Services Company Licenses
New Mexico Check Casher License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $2000 license/registration fee + $2000 application fee + $15 credit report fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $1,000 |
Due: |
|
New Mexico Collection Agency Branch License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Bond Requirements: | $5,000 for each additional branch. |
Initial Registration
Form: | |
Agency Fee: | $500 |
Notarization Required?: | Required |
Registration Renewal
Form: | |
Agency Fee: | $300 |
Due: | Annually by June 30. |
Amendment
Agency Fee: | $15 |
Notes: | To report a change of address, send a letter to the division describing the change along with the required fee. |
New Mexico Collection Agency License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Bond Requirements: | $5,000 |
Initial Registration
Form: | |
Agency Fee: | $500 |
Notarization Required?: | Required |
Registration Renewal
Form: | |
Agency Fee: | $300 |
Due: | Annually by June 30. |
Amendment
Form: | |
Agency Fee: | $100 |
Notarization Required?: | Required |
Amendment
Agency Fee: | $15 |
Notes: | To report a change of address, send a letter to the division describing the change along with the required fee. |
New Mexico Currency Exchange License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $2000 license/registration fee + $2000 application fee + $15 credit report fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $1,000 |
Due: |
|
New Mexico Money Transmission License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $2000 license/registration fee + $2000 application fee + $15 credit report fee + $25 fee per authorized delegate + $0.25 fee per active agent per year |
Registration Renewal
Filing Method: | |
Agency Fee: | $1,000 |
Due: |
|
New Mexico Mortgage Loan Company Branch License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | No |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $20 + $500 license/registration fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $500 |
Due: |
|
New Mexico Mortgage Loan Company License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $100 + $1000 license/registration fee + $500 application fee + $15 credit report fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $1,000 |
Due: |
|
New Mexico Motor Vehicle Sales Finance Branch License - In State
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | No |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $400 license/registration fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $400 |
Due: |
|
New Mexico Motor Vehicle Sales Finance Branch License - Out of State
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | No |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $500 license/registration fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $500 |
Due: |
|
New Mexico Motor Vehicle Sales Finance Company License - In State
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $400 license/registration fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $400 |
Due: |
|
New Mexico Motor Vehicle Sales Finance Company License - Out Of State
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $500 license/registration fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $500 |
Due: |
|
New Mexico Repossessor License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $250 license/registration fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $250 |
Due: |
|
Individual Licenses
New Mexico Individual Financial Services Licenses
New Mexico Mortgage Loan Originator License
Agency: | New Mexico Regulation and Licensing Department - Financial Institutions Division |
Initial Registration
Instructions: | |
Filing Method: | |
Agency Fee: | $30 + $200 license/registration fee + $200 application fee + $15 credit report fee + $36.25 background check fee |
Registration Renewal
Filing Method: | |
Agency Fee: | $200 |
Due: |
|
Explore licensing in other states:
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