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Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of New York or anyone looking to become a mortgage broker in New York. The State of New York Banking Department , supervises and regulates all Mortgage Brokers working within the State. New regulations regarding Mortgage Brokers became effective on January 1, 2004. Applicants desiring to become a Mortgage Broker in New York pay a $500 application fee. They also submit a Surety Bond ranging in amount between $10,000 and $100,000 depending on the number of loans being handled. The amount is re-determined twice a year. A Fingerprint Fee of $99 is included with the application. Applicants also need to provide a notarized statement containing all experience that qualifies them to...