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Texas Department of Savings and Mortgage Lending · TX

Announcement: Licensing Fee Schedule Effective September 1, 2026

September 1, 2026

Summary

Texas SML’s FY2027 licensing fees are unchanged, but late renewals after December 31, 2026 trigger a reinstatement fee equal to 150% of the base license fee for Residential Mortgage Loan Companies and Individual Mortgage Loan Originators. Compliance teams should budget for standard renewal costs and ensure NMLS renewal by year-end to avoid the penalty. The updated fee schedule took effect September 1, 2026, consistent with prior-year amounts.

AI-generated summary · Sep 7, 2026. Verify with your compliance counsel before acting.

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On August 21, 2026, the Finance Commission of Texas approved the FY2027 budget for the Department of Savings and Mortgage Lending (SML). The budget established the license and registration fees for FY2027, including for the upcoming annual renewal period which begins November 1, 2026.

The license and registration fees remain unchanged for FY2027. This means no increases to existing fees for licensees and registrants.

In accordance with Texas Finance Code §§ 156.2081 and 157.016, licensees that do not timely renew and seek reinstatement of the license are charged a fee equal to 150% of the base license fee. The reinstatement fee applies to the following license types:

  • Residential Mortgage Loan Companies (including mortgage companies, independent contractor loan processor or underwriter companies, and credit union subsidiary organizations)
  • Individual Residential Mortgage Loan Originators

To avoid the reinstatement fee, these entities and individuals must renew their license in the Nationwide Multistate Licensing System (NMLS) on or before December 31, 2026.

The updated fee schedule became effective September 1, 2025.

For more information, please visit the Texas SML website or contact SML directly with any questions regarding licensing or compliance.

Source: https://www.sml.texas.gov/news/announcement-licensing-fee-schedule-effective-september-1-2026/

Common questions

What does "Announcement: Licensing Fee Schedule Effective September 1, 2026" cover?
Texas SML’s FY2027 licensing fees are unchanged, but late renewals after December 31, 2026 trigger a reinstatement fee equal to 150% of the base license…
Which agency issued this update?
This update was issued by Texas Department of Savings and Mortgage Lending.
When was it published?
It was published on September 1, 2026.

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