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Become A Mortgage Broker In Tennessee
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 Tennessee or anyone looking to become a mortgage broker in Tennessee. The Tennessee Department of Financial Institutions, www.state.tn.us/financialinst , regulates all aspects of the Mortgage Broker and real estate industry. Applicants who wish to obtain a Mortgage Broker License in Tennessee pay a non-refundable registration fee of $100 and a non-refundable investigation fee of $100. They also provide either a Surety Bond or Irrevocable Letter of Credit with a 3-year term, audited financial statements reflecting a minimum net worth of $25,000, a ten-year history of their business and employments activities, and a personal disclosure of any negative financial facts or criminal...
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