Haw. Rev. Stat. § 454F-22
Mortgage loan originator, mortgage loan originator company, exempt sponsoring mortgage loan originator company, and nonprofit organization fees.
[L 2010, c 84, pt of §3; am L 2011, c 194, §13; am L 2012, c 252, §10; am L 2013, c 168, §18; am L 2014, c 198, §9; am L 2016, c 122, §16; am L 2017, c 150, §9]
(a) Except as provided in subsection (b), a mortgage loan originator shall pay the following fees to obtain and maintain a valid mortgage loan originator license:
- (1) Initial application fee of $600;
- (2) Annual license renewal fee of $350;
- (3) Reinstatement fee of $100;
- (4) Late fee of $25 per day; and
- (5) Criminal background check fee pursuant to section 454F-4(d)(1).
(b) A sole proprietorship mortgage loan originator shall pay the following fees to obtain and maintain a valid sole proprietor mortgage loan originator license:
- (1) Initial application fee of $35;
- (2) Annual license renewal fee of $35;
- (3) Reinstatement fee of $100;
- (4) Late fee of $25 per day; and
- (5) Criminal background check fee pursuant to section 454F-4(d)(1).
(c) A mortgage loan originator company shall pay the following fees to maintain a valid mortgage loan originator company license or branch license:
(1) Fees payable for a principal office of a mortgage loan originator company:
- (A) Initial application fee of $900;
- (B) Processing fee of $35 for each control person;
- (C) Annual license renewal fee of $600;
- (D) Reinstatement fee of $100;
- (E) Late fee of $25 per day; and
- (F) Criminal background check fee pursuant to section 454F-4(d)(1).
(2) Fees payable for each branch office of a mortgage loan originator company:
- (A) Initial application fee of $250;
- (B) Annual license renewal fee of $100;
- (C) Reinstatement fee of $100; and
- (D) Late fee of $25 per day.
(d) An exempt sponsoring mortgage loan originator company shall pay the following fees to maintain a valid registration in NMLS:
- (1) Initial registration fee of $200;
- (2) Annual registration renewal fee of $150; and
- (3) Late fee of $25 per day.
(e) A nonprofit organization shall pay the following fees to maintain a valid registration as a nonprofit organization in NMLS:
- (1) Initial registration fee of $200;
- (2) Annual registration renewal fee of $150; and
- (3) Late fee of $25 per day.
(f) In addition to fees charged by NMLS, a licensee shall pay to the commissioner a fee of $100 for each of the following amendments to information provided to NMLS that require the review of the commissioner:
- (1) Change of physical location or mailing address for branch office or principal place of business;
- (2) Addition or deletion of a "d/b/a" assignment;
- (3) Change of mortgage loan originator's sponsor;
- (4) Change of qualified individual;
- (5) Change of branch manager; and
(6) Change of mortgage loan originator company's legal name.
The commissioner, upon a showing of good cause, may waive any fee set forth in this subsection.
- (g) The fees established by this section are nonrefundable and are in addition to any fees established and charged by NMLS, an approved educational course provider, an approved educational testing provider, a law enforcement agency for fingerprints and background checks, or a credit reporting agency used by NMLS.
- (h) The commissioner may establish, by rule pursuant to chapter 91, any other fees or charges necessary for the administration of this chapter.
[L 2010, c 84, pt of §3; am L 2011, c 194, §13; am L 2012, c 252, §10; am L 2013, c 168, §18; am L 2014, c 198, §9; am L 2016, c 122, §16; am L 2017, c 150, §9]