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New Articles:
- Pennsylvania Surety Bond Mortgage Licensing Requirements
- Rhode Island Mortgage Loan Originator Professional Requirements under SAFE
- Illinois Requires Licensing of Mortgage Loan Originators
- Kansas Mortgage Broker Licensing becomes part of NMLS
- Maryland NMLS-Approved SAFE Mortgage Loan Originator Test Available
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.
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) 462-9500
Fax: (401) 222-6098
(401) 462-9503x2x0
Rebecca Specht - rspecht@dbr.state.ri.us - (401) 462-9564
Marie Sammartino - msammartino@dbr.state.ri.us - 401-462-9572
Scott Cayouette - scayouet@dbr.state.ri.us
Lucy Ponte - Lucy_Ponte@dbr.state.ri.us
http://www.dbr.state.ri.us/