Get your mortgage broker license
How can you get your mortgage brokers license? The states differ on whether a Mortgage Broker even needs a mortgage license, whether the Mortgage Broker can loan on both 1st and 2nd mortgages, or whether a physical office in the state is required. The uniqueness of the mortgage licensing laws of each state is expressed in the diversity of the laws, rules, regulations that each state adopts. States also differ on how much continuing education they require of the Mortgage Brokers. The various mortgage licensing laws also pertain to the employees of the Mortgage Brokers, and whether they, too, need mortgage licensing. As business over the internet increases, the mortgage licensing laws are becoming more lenient on this physical office requirement.
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