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For assistance with mortgage licensing contact us at:
Direct Phone: (714) 656-3960
Fax: (714) 829-1444
ssheasby@integritymortgagelicensing.comInformation 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.
North Carolina Mortgage Licensing
Mortgage Banker
Mortgage Banker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $ None
Surety Bond: $0 to $150,000
State Initial Fee: $1,875
State Renewal Fee: $937.50
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: 3 years of experience in the mortgage industry as the managing principal of the company
Comments: You will need to get the mortgage lender license unless you are able to obtain a physical office in the state. If we get your HUD approval prior to applying for the license, and you have $250,000 of net worth, the surety bond requirement is waived. For the loan officer license, you will need to complete 8 hours of approved education in a live classroom and pass an exam.
Mortgage Broker
Mortgage Broker License
Physical Office Required: Yes
In-State Officer/ Key Person: Yes
Minimum Net Worth: $ None
Surety Bond: $50,000
State Initial Fee: $1,875
State Renewal Fee: $937.50
Branch Licensing: Yes
Loan Officer Licensing: Yes
Experience/Education: 3 years of experience in the mortgage industry as the managing principal of the company
Regulated
by:
North Carolina Commissioner of Banks
4309 Mail Service Center
Raleigh, NC 27699-4309
Phone: (919) 733-3016
Fax: (919) 733-6918
http://www.nccob.org/NCCOB/