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Become A Mortgage Broker In Kentucky
Posted to: Mortgage License Information
Thursday, September 04, 2008 4:26 PM
Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of Kentucky or anyone looking to become a mortgage broker in Kentucky. The Office of Financial Institutions (OFI) of the Department of Public Protection in Kentucky is responsible for all supervision and regulation of the Mortgage Broker License in the Kentucky . When applying for a Mortgage Broker License in Kentucky, applicants pay a $50 registration fee plus a $300 investigation fee. The annual renewal fee is $50. A Surety Bond in the amount of $50,000 also needs to accompany the application, plus recent financial statements prepared by a CPA. New Mortgage Brokers, and those licensed in another state for less than one year, are required to complete 30 hours of approved continuing...
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