Delaware Mortgage Broker Requirements

Mortgage brokering in Delaware is governed by the State Bank Commissioner's Office.

Mortgage brokers seeking a Delaware mortgage license are not required to maintain a physical office within the state of Delaware. Applicants must maintain a surety bond in the amount of $25,000. Annual assessments are required for license renewals. An in state licensed brokers annual assessment will cost a minimum of $500. Out of state licensed brokers annual assessment will cost a minimum of $1,000.

Delaware Mortgage Licensing Fees

The state of Delaware currently charges $250 for a non-refundable investigation fee and a $250 license fee for each location.

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