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MERS® System Pricing Schedule

Membership Types and Fees



Annual membership fee

Lenders that typically service loans. There are four tiers of General membership based on annual volume of loan originations or servicing (whichever is greater). See tables below to determine appropriate membership tier.

MERS® Link


A Member that accesses the MERS® System to retrieve summary information regarding mortgage loans registered on the MERS® System, including the loan’s current Servicer and any Property Preservation Company associated with the property.



Annual membership fee

Lenders that originate and sell loan servicing rights on a flow basis within 120 days of the original note date.

Lite-Restricted (Lite-R)


Annual membership fee

Lenders/brokers that close MERS loans for immediate sale to an Investor, where the investor will perform the transactions on the MERS® System.



Annual membership fee

Companies that support MERS® System registered loans but do not typically register them.

Patron - MERS® eRegistry only


A Member that will originate eNotes that will be registered on the MERS® eRegistry and Mortgage Electronic Registration Systems, Inc. will not be the mortgagee on related mortgages and mortgages will not be registered on the MERS® System.

General Membership Tier Tables

The applicable annual membership fee corresponds to the highest of the four tiers that applies to a company’s total annual loan origination or servicing portfolio volume.

Tier 1


Annual Loan Origination Volume

Under $250 Million

Size of Servicing Portfolio

Under $2 Billion

Tier 2


Annual Loan Origination Volume

$250 Million - $1 Billion

Size of Servicing Portfolio

> $2 Billion - $10 Billion

Tier 3


Annual Loan Origination Volume

> $1 Billion - $10 Billion

Size of Servicing Portfolio

> $10 Billion - $50 Billion

Tier 4


Annual Loan Origination Volume

> $10 Billion

Size of Servicing Portfolio

> $50 Billion

MERS® System Transaction Fees

Amount (per loan)
MOM and Non-MOM Registration (MERS is Mortgagee, loan must be registered on MERS® System) Fee includes associated eNote registration on MERS® eRegistry and all related eNote Transfers and eDeliveries.$24.95
iRegistration Registration (MERS is not mortgagee, loan registered for tracking purposes only)$0.00
Pre-Closing Registration$2.00
Post-closing Registration (completes associated Pre-Closing Registration)$22.95
iRegistration Conversion to Non-MOM$24.95
All Transfers (MOM, Non-MOM, iRegistration)$0.00
Transfer of Non-MERS Status$2.00
Certificate Processing Fee$10.00

Miscellaneous Charges

Returned Payment Fee

$25.00 per item

External Research Fee

$95.00 charged for each loan requiring additional research because the MERS® System does not reflect the correct information.

Other Fees

Other fees indicated in the MERS® System Rules of Membership.

Value-added Services

Any value-added services are priced, disclosed and agreed to with members prior to the service being rendered.


Complimentary training is available to new MERS® System Members. Subsequent training options include:

  • On-demand training via the MERS® Learning Center - Complimentary
  • Customized training sessions conducted via conference call - $400 per session
  • Customized training sessions at a Member's site - $750 per day, plus trainers' travel expenses