Mortgage News Home

Saturday May 17, 2008

Home Page   24,327 Active Members   Register Welcome, Guest    Sign In  

Home

Latest Headlines

Popular Stories

Bookmark Us

Reader Comments

SUBSCRIBE

SEARCH OUR SITE

RSS News

Find Mortgage License Information For Other States


Mortgage Rates
  30 Yr Fix 6.01% -0.04%
  15 Yr Fix 5.60% 0.00%
  1 Yr ARM 5.18% -0.11%
  5/1 ARM 5.57% -0.10%
  30 Yr Tres 4.58% -0.06%
  Fed Prime 5.00% -0.25%




Mortgage Broker News Alerts
Stay up to date on breaking news with our free News Alert Service.

Become A Mortgage Broker In Mississippi

Article Summary: This article will help anyone looking for information pertaining to a mortgage license in the state of Mississippi or anyone looking to become a mortgage broker in Mississippi.



The Mississippi Department of Banking and Consumer Finance (DBCF), www.dbcf.state.ms.us supervises and regulates all aspects of the Mortgage Brokering business. Effective July 1, 2000, this includes any mortgage activity directly, indirectly, or by electronic processes, to solicit, place or negotiate mortgage loans within the state.


Applicants who wish to become a Mortgage Broker in Mississippi pay a non-refundable license fee of $750 and they also need to provide a $25,000 Surety Bond in favor of the State of Mississippi. They need to provide either proof of having at least two years experience in the mortgage lending business or take an examination. When renewing a license, twelve hours of approved continuing education classes are required.

Applicants provide a set of fingerprints from any local law enforcement agency to be used with a full criminal history investigation by the FBI.

The Mississippi Association of Mortgage Brokers (MAMB), www.msamb.org, is an affiliate of the National Association of Mortgage Brokers (NAMB), www.namb.org. The NAMB has established a communications network to assist those wanting to acquire a Mortgage Broker License in Mississippi, and for existing Mortgage Brokers in the state.

We also offer information and resources for Mississippi Commercial Mortgage.



Permalink


Join the Mississippi Mortgage Broker Directory
Gain exposure to thousands of prospective borrowers each month looking for Mississippi mortgage refinance. Join the directory today for free!

QuickLink To This Information

URL TO THIS PAGE


ADD A LINK TO THIS PAGE TO YOUR WEBSITE


Your link should look like this:
Mississippi Mortgage Broker License Information
Home - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising
All Content Copyright © 2003 - 2008 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.