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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.
Rhode Island Mortgage Licensing
Mortgage Banker
Lender License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $100,000
Surety Bond: $50,000 + $5,000 for each branch
State Initial Fee: $550
State Renewal Fee: N/A
Branch Licensing: Yes
Loan Officer Licensing: No
Experience/Education: 5 years of experience in mortgage
Mortgage Broker
Loan Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $10,000
Surety Bond: $20,000 + $5,000 for each branch
State Initial Fee: $275
State Renewal Fee: N/A
Branch Licensing: Yes
Loan Officer Licensing: No
Experience/Education: 5 years of experience in mortgage
Regulated by:
Department of Business Regulation
233 Richmond St., Suite 231
Providence, RI 02903
Telephone: (401) 222-2405
Fax: (401) 222-6098
http://www.dbr.state.ri.us/