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There is NO FEE to obtain a duplicate license or registration certificate 4) Convert to a correspondent mortgage banker or a mortgage banker?

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There is NO FEE to obtain a duplicate license or registration certificate 4) Convert to a correspondent mortgage banker or a mortgage banker?

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• Complete a conversion application form • Enclose a copy of the most recent annual report filing • Enclose an unqualified audited financial statement prepared by a Certified Public Accountant or Public Accountant demonstrating the minimum required tangible net worth – $150,000 for correspondent mortgage banker OR $250,000 for mortgage banker • Enclose all current wall licenses and mortgage solicitor certificates • Return the above items to the Licensing Services Bureau, NJDOBI

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