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Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of North Carolina or anyone looking to become a mortgage broker in North Carolina. The North Carolina Commissioner of Banks supervises and regulates all aspects of the Mortgage Lending Act (MLA) . This Act was signed into law on August 29, 2001 and became effective on July 1, 2002. The Act repealed portions of the earlier laws regarding the registering of Mortgage Brokers. Those who are licensed as a Mortgage Lender in North Carolina do not have to also obtain a Mortgage Broker license in order to perform Mortgage Broker activities. Applicants who desire to become a Mortgage Broker in North Carolina pay an initial application and licensing fee of $1,000. The application fee...