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Become A Mortgage Broker In Missouri
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 Missouri or anyone looking to become a mortgage broker in Missouri. The Missouri Division of Finance, www.missouri-finance.org , handles the licensing and examinations for residential Mortgage Brokers and regulates all companies and various providers of consumer credit which pertain to residential mortgages, including Mortgage Brokers. The same license covers both first and second mortgages. Applicants who would like to become a Mortgage Broker in Missouri pay a non-refundable investigation fee of $300 and provide a Surety Bond in the amount of $20,000. Upon approval of the application, a $300 license fee is paid. Financial statements and full disclosure of any judgments...
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