Iowa Mortgage Licensing
Mortgage Broker Licensing
License: Iowa Mortgage Broker License
Physical Office Required: No
Qualifying Individual Required: No
Minimum Net Worth: Positive Net Worth
Financial Statements: Unaudited
Surety Bond Amount: $100,000
Company License Fee: $500
Mortgage Lender Licensing
License: Iowa Mortgage Banker License
Physical Office Required: No
Qualifying Individual Required: No
Minimum Net Worth: Positive
Financial Statements: Audited or Unaudited
Surety Bond Amount: $100,000
Company License Fee: $500
Regulated by:
Iowa Division of Banking
200 East Grand Avenue, Suite 300
Des Moines, Iowa 50309
Phone: 515-281-4014
Fax: 515-281-4862