National Mortgage Broker Licensing Strategy |
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|---|---|---|---|
1st Mortgage Loans Only |
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| No License Requirements |
No Physical Office Required (37 States) |
Physical Office Required**
(13 States) |
|
AK |
AR |
MN |
AL |
CA |
MS |
AZ |
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CO |
ND |
HI |
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CT |
NE |
MO |
|
DC |
NH |
MT |
|
DE |
NM |
NC |
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FL |
NY |
NJ |
|
GA* |
OR |
NV |
|
IA |
RI |
OH |
|
ID |
SD |
OK |
|
IL |
TN |
PA |
|
IN |
UT |
SC |
|
KS |
VA |
TX |
|
KY |
VT |
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LA |
WA |
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MA |
WI |
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MD* |
WV |
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ME |
WY |
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MI |
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*Physical office requirement is based on reciprocity. For example, if a state requires a Georgia broker to have a location in that state in order to broker loans, then Georgia will do likewise to a broker from that state. |
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**BRICK AND MORTAR REQUIREMENT - Broker must have an office in the state with a full-time branch manager. |
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Pricing for 50+ License Project* |
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50 licenses x $675/per license |
TOTAL COST: $33,750 |
*pricing subject to change with current specials |
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