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North Dakota Mortgage Broker License


 

North Dakota Mortgage Broker Requirements

Mortgage brokers in North Dakota are licensed and regulated by the State of North Dakota Department of Financial Institutions. North Dakota refers to a mortgage broker as a money broker.

Applicants seeking a North Dakota money broker license are not required to maintain a physical office within the state of North Dakota. There is no exam or specific experience or education requirements. Applicants must maintain a surety bond in the amount of $25,000.

North Dakota Mortgage Licensing Fees

The state of North Dakota charges an investigation fee in the amount of $400 and a licensing fee in the amount of $300.

For complete assistance on your North Dakota Mortgage License, call American Mortgage Licensing to start your project today, 469.688.8441.