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Become A Mortgage Broker In Mississippi
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 Mississippi or anyone looking to become a mortgage broker in Mississippi. The Mississippi Department of Banking and Consumer Finance (DBCF), www.dbcf.state.ms.us supervises and regulates all aspects of the Mortgage Brokering business. Effective July 1, 2000, this includes any mortgage activity directly, indirectly, or by electronic processes, to solicit, place or negotiate mortgage loans within the state. Applicants who wish to become a Mortgage Broker in Mississippi pay a non-refundable license fee of $750 and they also need to provide a $25,000 Surety Bond in favor of the State of Mississippi. They need to provide either proof of having at least two years experience in...
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