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Become A Mortgage Broker In Massachusetts
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 Massachusetts or anyone looking to become a mortgage broker in Massachusetts. The Consumer Compliance Unit of the Massachusetts Division of Banks (DOB), supervises all aspects of Mortgage Brokers doing business in the Commonwealth of Massachusetts . Applicants who desire to become a Mortgage Broker in Massachusetts pay a $115 investigation fee. License fees are not paid until the application is approved. Among the other requirements are summaries of all relevant professional and educational experience during the last ten years. Three letters of professional reference (one must be from a bank) and the most recent two years of personal financial statements. Although the financial...
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