Who must license for mortgage broker?
This means those who, whether physically located in or around their state for mortgage broker licensing: 1) make or originate a residential mortgage banker loan directed to or received, 2) directly or indirectly solicit, place, or negotiate such a mortgage banker loan, or 3) render services related to the origination, or funding of such a mortgage loan, including taking applications, obtaining verifications and appraisals, and communicating with the borrower and lender. Geta mortgage license and learn what it takes to make the switch from broker to banker in all 50 states including mortgage broker to mortgage banker license requirements and websites to visit for more information.
