Motor Vehicle Dealer Bond?
When you are destined to sell cars, the road ahead requires surety bonds that meet the specifications of the Department of Motor Vehicles (DMV) in the state you’re operating in. Business experts say It…
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Your Own Biz? Mortgage Broker!
Homebuyers hear about mortgage brokers from their friends. That’s why great mortgage brokers have big client lists—and relationships with lenders to meet their needs. With competition for housing stiff, buyers need their mortgages fast. Can…
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Why Do You Need a Mortgage Broker Bond?
Mortgage broker bonds are required to obtain a mortgage broker license in most states, with the Nationwide Mortgage Licensing System overseeing mortgage broker licensure. But why exactly do you need to purchase a mortgage broker bond?…
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Real Estate Agents vs. Mortgage Brokers
Both real estate agents and mortgage brokers work to help buyers purchase physical property. But what are the differences between the two? The two help toward the same goal of obtaining physical property, but mortgage…
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Colorado Mortgage Loan Originator Bonds
In order to become a licensed and active mortgage loan originator in Colorado, you are required to obtain a surety bond. Mortgage loan originators in Colorado must also be registered with the Nationwide Multistate Licensing System (NMLS),…
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How to Become a Mortgage Broker in California
Someone looking to become a mortgage broker or residential mortgage lender in California has to obtain a license. In order to use a California residential mortgage license for mortgage brokering activities, you need to hold…
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How to Become a Mortgage Broker in New York
Anyone looking to become a mortgage broker in New York has to go through the Nationwide Mortgage Licensing System (NMLS) to receive their mortgage broker license, with the New York State Department of Financial Services…
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How to Become a Mortgage Broker in New Jersey
So you are looking to become a mortgage broker in New Jersey. How do you do it and what requirements must you meet to become a licensed mortgage broker in New Jersey? Mortgage broker licenses…
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The Mortgage Broker Profession is Rebounding
Mortgage brokers are back! Mortgage brokers originated 56% of home loans prior to the Great Recession, according to the Association of Independent Mortgage Experts (AIME), but that number dove once the housing market fell. But…
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