Alabama Mortgage Broker Requirements

Mortgage brokers in Alabama are governed by the Alabama State Banking Department, Bureau of Loans.

Mortgage brokers seeking an Alabama mortgage license must maintain a physical office within the state of Alabama. No exam is currently required by the state in order to obtain a mortgage license, however, there is a continuing education requirement of 12 hours that must be fulfilled before one is approved for an Alabama mortgage license.

Alabama Mortgage Licensing Fees

The state of Alabama currently charges $100 for an investigation fee and a $500 for a mortgage license fee.

For complete assistance on your Alabama Mortgage License, call American Mortgage Licensing to start your project today, 866.588.6600.