New Mexico Mortgage Broker Requirements

Mortgage brokers in New Mexico are licensed and regulated by the New Mexico Financial Institutions Division

Mortgage brokers seeking a New Mexico mortgage license are not required to maintain a physical office within the state of New Mexico. Applicants must maintain a surety bond in the amount of $25,000. Mortgage brokers in New Mexico are not required to have specific education, nor are they required to pass an exam.

New Mexico Mortgage Licensing Fees

The state of New Mexico charges a non-refundable application fee in the amount of $400.

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