| Tennessee Mortgage Licensing |
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Mortgage Banker or Broker Mortgage Broker, Lender, and Servicer License or Registration Physical Office Required: No In-State Officer/ Key Person: No Minimum Net Worth: $25,000 Surety Bond: $0, $90,000, or $200,000 State Initial Fee: $200 for registrant or $600 for licensee State Renewal Fee: N/A Branch Licensing: In-State Offices Only Loan Officer Licensing: Yes Experience/Education: No requirements for Managing Principal Comments: $90,000 surety bond for brokers and $200,000 surety bond for lenders or servicers. No surety bond requirement for companies that are approved with HUD, VA, Fannie Mae, or Freddi Mac since they only need to register and not license. |
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Department of Financial
Institutions 511 Union Street, Suite 400 Nashville, Tennessee 37219 Telephone: (615) 741-2236 http://www.state.tn.us/financialinst/ |
| CALL (714) 656-3960 or eMail Us Today! ssheasby@integritymortgagelicensing.com |