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Maine Mortgage Broker Requirements
Mortgage Brokers (loan brokers) in Maine are licensed and regulated by the Maine Office of Consumer Credit Regulation.
Mortgage brokers attempting to obtain a Maine mortgage license are not required to maintain a physical location in the state of Maine. License applicants must provide a surety bond in the amount of $25,000. There is no net worth requirement. Two professional letters of reference are required with each application.
Maine Mortgage Licensing Fees
All mortgage broker applicants must submit a non-refundable $400 application fee.
For complete assistance on your Maine Mortgage License, call American Mortgage Licensing to start your project today, 866.588.6600.
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