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Pennsylvania Mortgage Broker License


 

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, 469.688.8441.