Mortgage Licensing, LLC
Lisa K. MacDonald
147 Shore Road
Clinton, CT 06413
860-552-4054
mortgagelicensing@comcast.net

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Mortgage Broker First Mortgage Licensing Requirements

WARNING : CAUTION & DISCLAIMER

This page contains information for the mortgage lending industry. We discourage anyone from relying on the compiled list for lending licensing solutions because the list does not cover the entire lending industry or licensing laws.

Do not draw individualized licensing and compliance conclusions from this material. Failure to obtain the proper assistance from an experienced licensing and compliance specialist may result in individual and business fines and prison terms. Please email us if you find any errors on our pages and we will do the research and correct the errors. For more legal information please click on the “Legal” link.

Mortgage Broker Licensing Requirements
States Licensing In State Presence Net Worth
Alabama Yes Yes $25,000
Alaska Yes No N/A
Arizona Yes Yes N/A
Arkansas Yes No $25,000
California Yes Depends $25,000
Colorado Yes No  N/A
Connecticut Yes No $25,000
DC Yes No $10,000
Delaware Yes No N/A
Florida Yes No N/A
Georgia Yes Depends $100,000
Hawaii Yes Yes N/A
Idaho Yes No N/A
Illinois Yes Depends $35,000
Indiana Yes No N/A
Iowa Yes No N/A
Kansas Yes No $50,000
Kentucky Yes Yes N/A
Louisiana Yes No $50,000
Maine Yes No $25,000
Maryland Yes No N/A
Massachusetts Yes No N/A
Michigan Yes Yes $25,000
Minnesota Yes No N/A
Mississippi Yes Yes N/A
Missouri Yes Yes $25,000
Montana Yes Yes $25,000
Nebraska Yes N/A N/A
Nevada Yes Yes up to $250,000
New Hampshire Yes No N/A
New Jersey Yes Yes $50,000
New Mexico Yes No N/A
New York Yes No N/A
North Carolina Yes Yes N/A
North Dakota Yes No N/A
Ohio Yes Yes N/A
Oklahoma Yes Yes N/A
Oregon Yes No N/A
Pennsylvania Yes Yes N/A
Rhode Island Yes No $10,000
South Carolina Yes Yes N/A
South Dakota Yes No N/A
Tennessee Yes No $25,000
Texas Yes Yes $25,000 or $25,000 Bond
Utah Yes No N/A
Vermont Yes No $25,000
Virginia Yes No N/A
Washington Yes No N/A
West Virginia Yes No $10,000
Wisconsin Yes No $250,000
Wyoming Yes No N/A




  © Lisa K. MacDonald. 2008