LicenseCompass

Mortgage Banker/Broker License/Mortgage Loan Originator License in Iowa

Quick Answer

To obtain a Mortgage Banker/Broker License/Mortgage Loan Originator in Iowa, review the requirements from Iowa Department of Commerce, Iowa Division of Banking~Iowa Department of Commerce, Iowa Division of Banking.

Background Check
Required

Requirements

Mortgage Banker/Broker License/Mortgage Loan Originator license in Iowa

bronze
Education
Specific course required
Exam
Both state and third-party exams required
Background Check
Background check required
Continuing Education
Continuing education required to maintain license
Veterans Benefits
N/A - Not displayed

Licensing Agency

Iowa Department of Commerce, Iowa Division of Banking~Iowa Department of Commerce, Iowa Division of Banking

Mortgage Banker/Broker License/Mortgage Loan Originator Salary in Iowa

Entry Level

$49,000

Median

$80,070

Experienced

$135,890

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Mortgage Banker/Broker License/Mortgage Loan Originator in Iowa.

  1. 1

    Complete Education Requirements

    Specific course required

  2. 2

    Submit Background Check

    Background check required

  3. 3

    Pass the Required Exam

    Both state and third-party exams required

  4. 4

    Submit Your Application

    File your application with the licensing agency.

  5. 5

    Receive Your License

    Processing times vary. Check with your state licensing board for current timelines.

Considering another state?

Compare Mortgage Banker/Broker License/Mortgage Loan Originator requirements across states.

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Data from CareerOneStop (DOLETA/DEED). Last updated: February 14, 2026.