What is needed to change license types from a Broker to a lender?
To switch from a broker’s license to a lender’s license, your company must file a separate lender’s application. However, because the applicant already filed for one license (the Broker’s license), the application process generally moves more quickly and easily than a normal lender’s application would.
Related Questions
- My company is licensed under the Act as a Mortgage Lender; can I also broker with this license? Must I have an office in North Carolina and/or a separate broker surety bond?
- What types of licenses are needed to start a business and where does a prospective business operator acquire a business license?
- What is needed to change license types from a Broker to a lender?
