Arkansas Mortgage Broker License
November 10, 2022Colorado Mortgage Company Registration
November 10, 2022California DFPI Financing Law License
$3,495.00 Processing Fee
Provide an unaudited financial statement prepared in accordance with Generally Accepted Accounting Principles dated within 90 days of the date of the application. For residential mortgage brokers and lenders, the financial statement must reflect the required minimum net worth of $250,000, unless licensed as a broker only, then requirement is $50,000. For applicants not engaged in the business of residential mortgage lending or
brokering, the minimum net worth is $25,000. Note: Financial statements are uploaded separately under the Filing tab and Financial Statement submenu link.
Provide an unaudited financial statement prepared in accordance with Generally Accepted Accounting Principles dated within 90 days of the date of the application. For residential mortgage brokers and lenders, the financial statement must reflect the required minimum net worth of $250,000, unless licensed as a broker only, then requirement is $50,000. For applicants not engaged in the business of residential mortgage lending or
brokering, the minimum net worth is $25,000. Note: Financial statements are uploaded separately under the Filing tab and Financial Statement submenu link.