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Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of Michigan or anyone looking to become a mortgage broker in Michigan. The Michigan Department of Labor & Economic Growth (DLEG) , officially began business on December 8, 2003, in a move to centralize and streamline various economic departments under one department. Within the DLEG, the Office of Financial and Insurance Services handles all aspects of licensing and supervising Mortgage Brokers. Michigan issues separate licenses for Mortgage Brokers handling first mortgages and Mortgage Brokers handling second mortgages. An applicant may apply for either or both of these licenses . Applicants who desire to become a Mortgage Broker in Michigan for first mortgages pay a $450 license...