New Hampshire Mortgage Broker License

Summary

Get Licensed in New Hampshire to broker and originate mortgages. We can help facilitate the entire process from start to finish to obtain your state licenses. Below is the general licensing requirements for the state, you can add to cart online and check out to purchase our services. The fees listed below are only our consulting service fees and do not include third party fees involved in obtaining the licenses.

General Requirements

Financial Statements

Financial statements must be consistent with the legal status of the applicant, and audited statements are required if an audit was performed. Copies of the following that are prepared in accordance with generally accepted accounting principles by a public accountant, certified public accountant or the applicant's financial officer must be submitted. Internally-prepared statements must include an attestation, signed under penalty of Unsworn Falsification pursuant to NH RSA 641:3, that the financial statements are true and accurate to the best of his or her belief and knowledge.  Financial statements should include a Balance Sheet, Income Statement and Statement of Cash Flows and relevant notes.  Unaudited Financial Statements must be attested to by an officer of the company and signed under penalty of Unsworn Falsification pursuant to NH RSA 641:3, that the financial statements are true and accurate to the best of his or her belief and knowledge.  If audited financials are older than 6 months we require a current Balance Sheet, Income Statement, Statement of Cash Flows and all relevant notes. Unaudited Financial Statements must be attested to by an officer of the company as noted above.  Publicly traded corporations, and wholly owned subsidiaries of publicly traded corporations, may submit copies of their most recent SEC 10K and 10Q forms in lieu of financial statements required if the financial statements reflect the operations and financial position of the applicant itself.  Companies must maintain a $25,000 positive net worth at all times.

Resident/Registered Agent

The Resident/Registered Agent must be listed under the Resident/Registered Agent section of the Company Form (MU1) Foreign companies (not formed under NH law) must appoint and maintain at all times a registered agent in New Hampshire. (If the applicant has a NH branch office, an individual in that office may be appointed as the NH registered agent.) Banking Department examinations of the licensee’s books and records may take place at the registered agent’s office. Note: Providing this information on the Company Form (MU1) does not take the place of filing Form U-2, Uniform Consent to Service of Process.

Surety Bond

$50,000 furnished and submitted by a surety company authorized to conduct business in New Hampshire.

Management/Org Chart

Required

Business Plan

Required

Source

Information Source NMLS website

$1,290.00 Processing Fee

* Includes 1 Company State license and 1 individual License