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For assistance with mortgage licensing, contact us at:
Direct Phone: (714) 721-3963
Fax: (714) 829-1444
steven@imlicensing.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.
Tennessee Mortgage Licensing
Mortgage Banker or Broker
Mortgage Broker, Lender, and Servicer License or Registration
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $25,000
Surety Bond: $0, $90,000, or $200,000
State Initial Fee: $200 for registrant or $600 for licensee
State Renewal Fee: N/A
Branch Licensing: Yes
Loan Originator Licensing: Yes
Experience/Education: No requirements for Managing Principal
Comments: $90,000 surety bond for brokers and $200,000 surety bond for lenders or servicers.
Regulated
by:
Department of Financial Institutions
414 Union Street, Suite 1000
Nashville, Tennessee 37219
Telephone: (615) 741-2236
http://www.state.tn.us/financialinst/