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, 866.588.6600.