American Mortgage Licensing
Mortgage Lender State Requirements - NMLS


  Click here for a list of State Requirements for Brokers.

State

Brick & Mortar

Exam

Net Worth

AL Lender No No 25,000
AZ Banker Yes, we have solutions available No $100k - $250k
AR Lender No No $25,000
CA Res Mtg Lender No No $250,000
CT Lender No No $40,000
DC Lender No No $10,000
DE Lender No No No
FL Lender No Yes $250,000
GA Lender Yes, if your home state requires a physical office No 0
HI Lender Yes No 0
IA Banker No No 0
ID Lender No No $10,000
IL Res Loan No Yes $150,000
KS No No $50,000
KY Lender No No $100,000
LA Lender No Yes $50,000 (can be met with surety bond)
MA Lender No No $25k-$100k
MD Lender No No 0
ME Lender No No $50,000
MI Lender No No $25,000
MN Lender No No $25,000
MO Lender Yes No $25,000
MS Lender No No 0
MT Lender Yes No 0
NC Lender No Yes $100k - $250k
ND Lender No No 0
NE Banker No No $50,000
NH Lender No No $0-$100k
NJ Lender Yes Yes $250,000
NM Lender No No 0
NV Banker Yes No 0
NY Banker No No $250,000
OH Lender Yes Yes 0
OK Lender Yes No 0
OR Lender No No 0
PA Banker Yes No $250,000
RI Lender No No $100,000
SD Lender No No 0
TN Lender No No $25,000
TX Lender Yes Yes $25,000
UT Lender No Yes 0
VA Lender No No $200,000
VT Lender No No $25,000
WA Lender No No $100,000
WI Lender No Yes $250,000
WV Lender No No $10,000
WY Lender No No 0