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Contact Us
For assistance with mortgage licensing, contact us at:Direct Phone: (714) 721-3963
Fax: (714) 829-1444
steven@imlicensing.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.
Connecticut Mortgage Licensing
Connecticut is currently one of the best states for mortgage licensing. Connecticut does not have a physical office requirement, and they have very high property values. I have been able to get companies licensed there very quickly since I am familiar with their staff and know exactly what they will ask for up front. If you're looking to obtain additional states as a mortgage broker or lender, Connecticut is one of the best states to get licensed in.Mortgage Banker
Correspondent Mortgage Lender or Mortgage Lender License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $50,000 ($250,000 to be a Mortgage Lender instead of a Correspondent Mortgage Lender)
Surety Bond: $100,000 to $500,000
State Initial Fee: $1,100
Loan Originator Licensing: Yes
Branch Licensing: Yes
Comments: The mortgage lender license allows you to lend and service, the correspondent lender license allows you to lend, and the broker license allows you to broker only.
Mortgage Broker
Mortgage Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $50,000
Surety Bond: $50,000 to $150,000
State Initial License Fee: $600
Loan Originator Licensing: Yes
Branch Licensing: Yes
Regulated by:
Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103-1800
Telephone: (860) 240-8299
Justyna Kordowska - Justyna.Kordowska@ct.gov
MarleneMannix - Marlene.Mannix@ct.gov Fax: (860) 240-8178
http://www.state.ct.us/dob/pages/ccdiv.htm