Application Fee
See agencyVerified by SD Board of Business
Mortgage Loan Originator Licensing in South Dakota
Review current requirements, exam details, renewal cycle, and salary outlook for mortgage loan originator in South Dakota, including See agency and board contact links.
Last verified: Feb 17, 2026
Current
Exam Requirement
State-approved examRenewal Cycle
See board renewal rulesLicensing Blueprint for Mortgage Loan Originator in South Dakota
Estimated timeline: Varies by boardCore Requirements
- 1
License Type: Register with licensing agency.
Application Snapshot
- Licensing Authority
South Dakota Department of Agriculture & Natural Resources
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$78,590 median (6% above national)
- State Salary Rank
#15 of 50 states
Step-by-Step Process (4)
- 1. Meet South Dakota eligibility requirements for Mortgage Loan Originator licensure.
- 2. Complete approved education or training requirements.
- 3. Pass required state examinations.
- 4. Submit the application to South Dakota Department of Agriculture & Natural Resources and monitor board communications.
Salary Insights in South Dakota
With a median salary of $78,590, Mortgage Loan Originators in South Dakota earn 6% above the national median of $74,180. South Dakota ranks #15 among 50 states. The typical licensing timeline is Varies by board.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+3.6%Average Weekly Wage
$1,123Median annual salary
$78,590Hourly estimate
$37.786% above national median
Difference: +$4,410
Percentile Distribution
Annual compensationMortgage Loan Originator Salary Ranking
#15 of 50 statesfor Mortgage Loan Originator median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | New York | $98,940 |
| #2 | New Jersey | $95,090 |
| #3 | Massachusetts | $93,430 |
| #4 | Vermont | $86,490 |
| #5 | Minnesota | $84,480 |
Nearby States Comparison
Mortgage Loan Originator licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| South Dakota | $78,590 | Varies by state board | State-approved exam | Varies by board |
| North Dakota | $82,990 | Specific course required | State exam required | Varies by board |
| Minnesota | $84,480 | Varies by state board | State-approved exam | Varies by board |
| Iowa | $80,070 | Specific course required | Both state and third-party exams required | Varies by board |
| Nebraska | $75,730 | Varies by state board | State-approved exam | 1 month |
| Wyoming | $76,460 | No educational requirements | State exam required | 7 years |
| Montana | $65,960 | Varies by state board | State-approved exam | Varies by board |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| South Dakota | 78 | High | Board-specific review required. |
| North Dakota | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Minnesota | 78 | High | Board-specific review required. |
| Iowa | 50 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Nebraska | 78 | High | Board-specific review required. |
| Wyoming | 62 | Medium | State-specific exam conditions may apply. Background check or criminal history review is indicated. |
- License status indicator: Active.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Official website verified
South Dakota Department of Agriculture & Natural Resources
523 E Capitol Ave, Pierre, SD, 57501
Phone: 6057735559
Related Careers in South Dakota
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $102,420 | Varies by state board | Varies by board |
| Audio and Video Technicians | $37,440 | Varies by state board | Varies by board |
| Certified Public Accountant | $77,310 | Varies by state board | Varies by board |
| Civil Engineer | $95,110 | Varies by state board | Varies by board |
FAQ
How long does it take to become a Mortgage Loan Originator in South Dakota?
Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.
What is the typical Mortgage Loan Originator salary in South Dakota?
The median annual salary for Mortgage Loan Originators in South Dakota is $78,590. Salaries range from $59,820 (10th percentile) to $114,610 (90th percentile).
How does the Mortgage Loan Originator salary in South Dakota compare to the national average?
Mortgage Loan Originators in South Dakota earn 6% above the national median of $74,180, with a state median of $78,590.
How many Mortgage Loan Originators work in South Dakota?
South Dakota employs approximately 1,930 Mortgage Loan Originators according to BLS data.
Can I transfer my Mortgage Loan Originator license to South Dakota from another state?
Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Who is the licensing agency for Mortgage Loan Originators in South Dakota?
The licensing agency is South Dakota Department of Agriculture & Natural Resources. Review agency details at https://danr.sd.gov/Environment/WasteManagement/Asbestos/AsbestosGuide.aspx.
How often do you renew a Mortgage Loan Originator license in South Dakota?
Current guidance indicates a renewal cycle of See board renewal rules.