On August 16, 2024, the Finance Commission of Texas approved the Department’s FY25 budget. The budget includes the following licensing and registration fee increases:

- Mortgage Loan Originator new application fee from $100 to $125 (plus a $20 recovery fee)

- Mortgage Loan Originator renewal fee from $70 to $90

- Mortgage Company new application fee from $300 to $325

- Mortgage Company renewal fee from $250 to $275

- Mortgage Banker new registration fee from $300 to $325

- Mortgage Banker renewal registration fee from $250 to $275

- Mortgage Servicer new registration fee from $300 to $325

- Mortgage Servicer renewal registration fee from $250 to $275

- Credit Union Subsidiary Organization new application fee from $300 to $325

- Credit Union Subsidiary Organization renewal fee from $250 to $275

- Independent Contractor Loan Processor and Underwriter Company new application fee from $300 to $325

- Independent Contractor Loan Processor and Underwriter Company renewal fee from $250 to $275

The increased fees will be effective starting November 1, 2024.

The Department noted that its licensing and registration fees remain among the lowest in the United States.