Pennsylvania Mortgage Broker Requirements

Mortgage brokers in Pennsylvania are licensed and regulated by the Bureau of Licensing and Consumer Compliance of the Pennsylvania Department of Banking.

Applicants seeking a Pennsylvania mortgage broker license are required to maintain a physical office within the state of Pennsylvania. Applicants must submit detailed history of their experience in the mortgage lending industry. A penal bond in the amount of $100,000 is only required if a lender will be accepting fees up.

Pennsylvania requires a first and second mortgage license.

Pennsylvania Mortgage Licensing Fees

The state of Pennsylvania charges a licensing fee in the amount of $500 per application.

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