License: Utah Mortgage Entity License
Physical Office Required: No
Qualifying Individual Required: Yes, QI (Principal Lending Manager) must have 3 years of experience with 45 loans – must provide loan details. After experience is approved, individual must take 40 hour Utah course and pass a Utah manager exam.
Minimum Net Worth: None
Financial Statements: Unaudited
Surety Bond Amount: None
Company License Fee: $325