American Mortgage Licensing - Tennessee mortgage broker license, Tennessee mortgage broker licensing, state mortgage broker license Tennessee, Tennessee mortgage license, mortgage broker license in Tennessee, Tennessee mortgage lender license, mortgage licensing Tennessee, Tennessee mortgage broker license application, Tennessee mortgage broker license requirements
Tennessee Mortgage Broker License


 

Tennessee Mortgage Broker Requirements

Mortgage brokers in Tennessee are licensed and regulated by the Tennessee Department of Financial Institutions.

Applicants seeking a Tennessee mortgage broker license are not required to maintain a physical office within the state of Tennessee. Applicants are required to maintain a surety bond in the amount of $90,000. They also must provide compiled, reviewed or audited financials within the past 12 months that reflect a minimum, tangible net worth of $25,000. All loan officers must be licensed.

Tennessee Mortgage Licensing Fees

The state of Tennessee charges $600 for the annual license and investigation fees.

For complete assistance on your Tennessee Mortgage License, call American Mortgage Licensing to start your project today, 469.688.8441.