Delaware Mortgage Licensing
Mortgage Broker Licensing
License: Delaware Mortgage Broker License
Physical Office Required: No
Qualifying Individual Required:
Minimum Net Worth: $40,000 in capital
Financial Statements: Unaudited (not compiled)
Surety Bond Amount: $25,000
Company License Fee: $850
Mortgage Lender Licensing
License: Delaware Lender License
Physical Office Required: No
Qualifying Individual Required: Yes (on-site manager)
Minimum Net Worth: $100,000 in capital
Financial Statements: Unaudited – Not Compiled
Surety Bond Amount: $50,000
Company License Fee: $600
Regulated by:
Office of the State Bank Commissioner
555 E. Loockerman St., Suite 210
Dover, DE 19901
Phone: 302-739-4235
Fax: 302-739-3609