Michigan Mortgage Licensing
 
Mortgage Banker
First and Second Mortgage Lender License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $25,000
Surety Bond: $25,000 each
State Initial Fee: $500 each
Branch Licensing: No
Loan Officer Licensing: No

Mortgage Broker
First and Second Mortgage Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $0 to $25,000
Surety Bond: $25,000 each
State Initial Fee: $350 each
Branch Licensing: No
Loan Officer Licensing: No

 
Office of Financial and Insurance Services
611 West Ottawa St.
P.O. Box 30220
Lansing, MI 48909
Telephone: (517) 373-0220
Fax: (517) 335-4978
http://www.michigan.gov/cis/
 
CALL (714) 656-3960 or eMail Us Today! ssheasby@integritymortgagelicensing.com