Alabama mortgage licensing

Mortgage Broker Licensing

License:  Alabama Mortgage Broker License

Physical Office Required:  No
Qualifying Individual Required: No
Minimum Net Worth:  None
Financial Statements:  Unaudited (not compiled)
Surety Bond Amount:  $25,000
Company License Fee:  $700


Mortgage Lender Licensing

License:  Alabama Consumer Credit License

Physical Office Required:  No
Qualifying Individual Required:  No
Minimum Net Worth:  None
Financial Statements:  Unaudited – Compiled
Surety Bond Amount:  $25,000
Company License Fee:  $700


Regulated by:

State Banking Department
P.O. Box 4600
Montgomery, Alabama 36103-4600
Phone: 334-242-3452
www.banking.alabama.gov

 

Click on a state below for specific licensing information

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