Massachusetts Mortgage Broker License
November 10, 2022Minnesota Residential Mortgage Originator License
November 10, 2022Michigan 1St Mortgage Broker License
$1,585.00 Processing Fee
“Upload most recent audited (prepared by a Certified Public Accountant) or unaudited financial statement (signed by an executive officer) completed in accordance with Generally Accepted Accounting Principles dated within 12 months. You may use financial statement form FIS 2053. To demonstrate “general fitness” pursuant to Section 3(1) of the Mortgage Brokers, Lenders, and Servicers Licensing Act, 1987 PA 173, applicant’s net worth shall be $15,000 or more if the applicant does not receive funds from prospective borrowers prior to closing mortgage loans. Applicant’s net worth shall be $25,000 or more if the applicant does receive funds from prospective borrowers prior to closing mortgage loans. NOTE: The financial statement should be for the company applying. Do not upload a personal financial statement unless you are applying as a sole proprietorship. NOTE: Financial statements are uploaded separately under Financial Statement section of the Filing tab. See the Financial Statement Quick Guide for instructions.”
“Upload most recent audited (prepared by a Certified Public Accountant) or unaudited financial statement (signed by an executive officer) completed in accordance with Generally Accepted Accounting Principles dated within 12 months. You may use financial statement form FIS 2053. To demonstrate “general fitness” pursuant to Section 3(1) of the Mortgage Brokers, Lenders, and Servicers Licensing Act, 1987 PA 173, applicant’s net worth shall be $15,000 or more if the applicant does not receive funds from prospective borrowers prior to closing mortgage loans. Applicant’s net worth shall be $25,000 or more if the applicant does receive funds from prospective borrowers prior to closing mortgage loans. NOTE: The financial statement should be for the company applying. Do not upload a personal financial statement unless you are applying as a sole proprietorship. NOTE: Financial statements are uploaded separately under Financial Statement section of the Filing tab. See the Financial Statement Quick Guide for instructions.”