District of Columbia Mortgage Broker Requirements

Mortgage brokers in the District of Columbia are licensed and regulated by the Department of Insurance, Securities and Banking.

Applicants seeking a District of Columbia mortgage broker license are not required to maintain a physical office within the District of Columbia. Applicants must maintain a surety bond in an amount between $12,500 and $50,000, as determined by the commissioner. Applicants must be able to produce a net worth amount of at least $10,000.

District of Columbia Mortgage Licensing Fees

The District of Columbia charges a $100 investigation fee, a $500 application fee and a $500 licensing fee.

For complete assistance on your District of Columbia Mortgage License, call American Mortgage Licensing to start your project today, 866.588.6600.