Get Licensed in New York 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.
The following individuals, as specified below, on the Company Form (MU1) are required to submit an original signature personal financial statement. Direct Owners All individuals owning 10% or more of the applicant’s voting stock Executive Officers Top three executive officers Indirect Owners All individuals indirectly owning 10% or more of the applicant’s voting stock Qualifying Individuals The individual designated as the Qualifying Individual for New York Trustee and Trust Protectors All individuals with the responsibility to manage and oversee trust assets, amend trust agreement, change trustee or governing law of Manager of Investment Funds/Investment Advisors All individuals with the authority to make decisions regarding the ownership interest in the applicant held by limited partnership or general partnership funds or management companies. Directors All directors of the applicant and internal directors of the indirect owners
The Resident/Registered Agent must be listed under the Resident/Registered Agent section of the Company Form (MU1) and must match the information currently on record with the North Carolina Department of the Secretary of State.
$150,000 furnished and submitted by a surety company authorized to conduct business in North Carolina.
Information Source NMLS website
* Includes 1 Company State license and 1 individual License