50-State Financial Services Licensing Compliance Guide
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Oklahoma 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 Oklahoma.

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Company Licenses

Oklahoma Financial Services Company Licenses

Oklahoma Collection Agency License

Not required



Debt Collection Agency licensure is not required on the State level in Oklahoma.

Oklahoma does not currently issue licenses for collection agencies.

Oklahoma Consumer Credit Notification Filing

Agency:Oklahoma Department of Consumer Credit
Law:

14A OK Stat. § 6-202

Foreign Qualification is Prerequisite:No
Notes:

Applies to a person other than a supervised financial organization or licensed supervised lender engaged in making consumer credit sales, consumer leases or consumer loans in the state of Oklahoma OR Persons with an office or place of business in Oklahoma that take assignments of and undertake direct collection of payments from or enforcement of rights against debtors arising from consumer credit sales, consumer leases or non-supervised consumer loans.

Exam Required?Not Set
Registered Agent (Special Agency) Required?Yes

Initial Registration

Form:

Notification Filing

Agency Fee:

$120 license fee + $100 investigation fee

Registration Renewal

Form:

Notification Filing Renewal

Filing Method:

Mail or online.

Agency Fee:

$120 license fee + $100 investigation fee

Due:

Annually by January 31.

Oklahoma Exempt Mortgage Company Registration

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Money Transmission License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Mortgage Broker Branch License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Mortgage Broker License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Mortgage Lender Branch License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Mortgage Lender License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Small Lender License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Small Lender License - Branch

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Oklahoma Supervised Lender License

Agency:Oklahoma Department of Consumer Credit
Law:

14A OK Stat. § 3-502

Foreign Qualification is Prerequisite:Yes
Financial Requirements:

Proof of net assets of at least $25,000.

Bond Requirements:

$5,000 surety bond

Notes:

This license allows a lender, as a business, to make or take assignment of supervised loans from other Consumer Credit organizations.

Exam Required?Not Set
Registered Agent (Special Agency) Required?Yes

Initial Registration

Form:

Oklahoma Supervised Lender Registration Application 

Filing Method:

Mail. 

Agency Fee:

 $425 non-refundable investigation fee for the first location + $290 annual fee+ $500 for the annual examination fee for each license.

Turnaround:

The approval process for this license requires up to 90 days to complete.

Law:

Oklahoma Administrative Code: Title 160, Chapters 1, 3, 5, 10, 20, 25, 45, 65

Notarize:Required

Registration Renewal

Form:

Oklahoma Supervised Lender Application (Renewal)

Filing Method:

Mail

Agency Fee:

$290 annual license fee + $500 annual license fee and examination fee 

Due:

Annually by December 1.

Law:

Oklahoma Administrative Code: Title 160, Chapters 1, 3, 5, 10, 20, 25, 45, 65 

Notarize:Required

Individual Licenses

Oklahoma Individual Financial Services Licenses

Oklahoma 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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