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Become A Mortgage Broker In Montana
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 Montana or anyone looking to become a mortgage broker in Montana. The Montana Department of Administration , handles all aspects of licensing and regulating Mortgage Brokers. Effective September 1, 2004, anyone who acts as an intermediary between a lender and a borrower regarding residential financing within Montana is required to be licensed by the Department of Administration. Applicants who wish to become a Mortgage Broker in Montana are required to have at least three years of verifiable experience in the mortgage lending business, and need to pass an examination that demonstrates competency to work as a Mortgage Broker. Applicants pay a $500 application fee and also...
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