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Contact Us
For assistance with mortgage licensing, contact us at:Direct Phone: (714) 656-3960
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.
Maryland Mortgage Licensing
Mortgage Banker or Broker
Mortgage Lender License
Physical Office Required: No (unless home state requires)
In-State Officer/ Key Person: No
Minimum Net Worth: $25,000 to $250,000 (Compiled, Reviewed or Audited financials)
Surety Bond: $50,000 to $150,000
State Initial Fee: $1,200
Branch Licensing: Yes
Loan Originator Licensing: Yes
Education/Experience: One owner/officer must have at least 3 years of mortgage experience
Comments: Owners of 25% or more of the company were previously exempt from loan originator licensing. This exemption was eliminated on 7/31/09.
Regulated by:
Department of Labor, Licensing, and Regulation
500 North Calvert Street, Suite 402
Baltimore, MD 21202
Telephone: (410) 230-6100
Reviewers
Keisha L. Whitehall Wolfe - (410) 230-6362 - kwhitehall@dllr.state.md.us - Supervisor of Licensing
Brandy Emerick (410) 230-6023 - bemerick@dllr.state.md.us
Betty McBride (410) 230-6150 - bmcbride@dllr.state.md.us
Doretha Vassor 410-767-0284 - dvassor@dllr.state.md.us
Ms. Johnson - mjohnson@dllr.state.md.us - 410-230-6081
Licensing Main Number - (410) 230-6155
George Walp - (410) 767-0731
Ms. Daugherty - (410) 767-0401 - adaugherty@dllr.state.md.us
Betty Flint - bflint@dllr.state.md.us
Fax: (410) 333-0475
http://www.dllr.state.md.us/finance/