Wisconsin Mortgage Licensing
 
Mortgage Banker
Mortgage Banker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $250,000
Surety Bond: $10,000 to $120,000
State Initial Fee: $750
State Renewal Fee:
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education:
Comments: $750 license application fee to Wisconsin. With an in-state office, you will need a $10,000 bond and $100,000 net worth. Without an in-state office, you will need a $120,000 bond and $250,000 net worth. Must have a commercial location in Wisconsin unless residence is zoned properly. License Loan Originators require testing.

Mortgage Broker
Mortgage Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $250,000
Surety Bond:
State Initial Fee:
State Renewal Fee:
Branch Licensing:
Loan Officer Licensing:
Experience/Education:

 
Department of Financial Institutions
345 W Washington Avenue
Madison, WI 53703
Telephone: (608) 261-9555
Fax: (608) 261-7200
http://www.wdfi.org/ 
 
CALL (714) 656-3960 or eMail Us Today! ssheasby@integritymortgagelicensing.com