Mortgage Broker Information for your State

STATE

REGULATOR (Web site where available)

CON-SUMER HOTLINE

CHECK YOUR BROKER LICENSE INFO

SELECTED REQUIRE-MENTS

Al

(No reg)

N/A

N/A

N/A

N/A

Ak

(No reg)

N/A

N/A

N/A

N/A

Az

State
Banking Department

1-602-255-4421

Licensing info

Required to maintain a surety bond for $10,000 to $15,000. Must have three years of experience in lending and pass a written exam.

Ar

Securities Department

1-501-324-9260

Licensing info

Company required to maintain a net worth of $25,000 and surety bond of $35,000. No specific education or experience required.

Ca

Department of Real Estate; Department of Corporations

1-916-227-0931

Licensing info

Most brokers register under the Department of Real Estate. They must have two years' of industry experience during the last 5 years or a four-year college degree and pass an exam.

Co

(No reg)

N/A

N/A

N/A

N/A

Ct

Department of Banking, Consumer Credit Division

1-860-831-7225

Licensing infor

Required to maintain a surety bond for $40,000. No specific education or experience requirements.

De

Office of the State Bank Commissioner

1-302-739-4235

Licensing info

Mortgage brokers must maintain a bond of $25,000 and provide references from companies that have done business with them. No specific education or experience requirements.