Delaware mortgage licensing

Mortgage Broker Licensing

License:  Delaware Mortgage Broker License

Physical Office Required:  No
Qualifying Individual Required:
Minimum Net Worth:  $40,000 in capital
Financial Statements:  Unaudited (not compiled)
Surety Bond Amount:  $25,000
Company License Fee:  $850 


Mortgage Lender Licensing

License:  Delaware Lender License

Physical Office Required:  No
Qualifying Individual Required:  Yes (on-site manager)
Minimum Net Worth:  $100,000 in capital
Financial Statements:  Unaudited – Not Compiled
Surety Bond Amount:  $50,000
Company License Fee:  $600


Regulated by:

Office of the State Bank Commissioner
555 E. Loockerman St., Suite 210
Dover, DE 19901
Phone: 302-739-4235
Fax: 302-739-3609

 

Click on a state below for specific licensing information

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