Mortgage Broker and/or Lender Licensing

License:  Maryland Mortgage Lender License

Physical Office Required:  No
Qualifying Individual Required: Yes, 3 years experience, must be an officer of the company
Minimum Net Worth:  $25,000
Financial Statements:  CPA compiled
Surety Bond Amount:  $50,000
Company License Fee:  $1,100

Regulated by:

Maryland Commissioner of Financial Regulation
Attn: Licensing Unit
500 N Calvert Street, Suite 402
Baltimore, Maryland 21202
Phone: 410-230-6155 or 888-784-0136