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New Articles:
- July 2008 Mortgage Licensing Update
- June 2008 Mortgage Licensing Update
- May 2008 Mortgage Licensing Update
- April 2008 Mortgage Licensing Update
- March 2008 Mortgage Licensing Update
Contact Us
For assistance with mortgage licensing contact us at:Direct Phone: (714) 656-3960
Fax: (714) 829-1444
ssheasby@integritymortgagelicensing.com
Information herein is for educational purpose only and is not meant to be a complete statement of all state mortgage licensing requirements. Additional State and FHA mortgage licensing requirements may be required. If you need further information, we would encourage you to contact us directly.
Alabama Mortgage Licensing
Mortgage Banker
Consumer Credit License (Mini-Code)
Physical Office Required: No
Minimum Net Worth: $25,000
In-State Officer/ Key Person: No
Owner Education/Experience: 2 years
Initial State Fee: $600
Renewal State Fee: $500
Loan Officer License: No
Branch License: No
Comments: Evidence of Warehouse Line is required to verify lender status
Mortgage Broker
Mortgage Broker License
Physical Office Required: Yes
Minimum Net Worth: $25,000
In-State Officer/ Key Person: No
Owner Education/Experience: 12 hours
State Initial Fee: $600
State Renewal Fee: $500
Loan Officer License: No
Branch License: No
Regulated by:
State Banking Department
P.O. Box 4600
Montgomery, Alabama 36130-4600
Telephone:(334) 242-3452
Main Fax:(334) 242-3500
http://www.bank.state.al.us/index.htm