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Nevada Mortgage Broker Requirements
The Nevada Division of Mortgage Lending regulates and licenses mortgage brokers in the state of Nevada.
Mortgage brokers seeking a Nevada mortgage license are required to maintain a physical office within the state of Nevada. Financial statements within the last three months are required to submit with the mortgage broker application as well as the past two fiscal year end reports, a personal financial questionnaire, personal history record, fingerprint cards and a general business plan. On going education of 12 hours per year is required to renew a license.
Nevada Mortgage Licensing Fees
The state of Nevada charges a non-refundable application fee to mortgage brokers in the amount of $1,500. A mortgage license fee in the amount of $1,000 is charged after the application has been approved.
For complete assistance on your Nevada Mortgage License, call American Mortgage Licensing to start your project today, 866.588.6600.
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