New York Mortgage Licensing
 
Mortgage Banker
Mortgage Banker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $250,000 - Must also have a $1,000,000 warehouse line of credit
Surety Bond: Not Available
State Initial Fee: $3,000
State Renewal Fee: Not Available
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: 5 years of verifiable experience

Mortgage Broker
Mortgage Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $ None
Surety Bond: $10,000
State Initial Fee: $1,500
State Renewal Fee: Not Available
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: 2 years of verifiable experience
 
New York State Banking Department
One State Street
New York, NY 10004-1417
1-877-BANK-NYS
http://www.banking.state.ny.us/index.htm 
 
CALL (714) 656-3960 or eMail Us Today! ssheasby@integritymortgagelicensing.com