Get Licensed in Rhode Island 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.
UPLOAD Financial Statements, including a Balance Sheet and Income Statement, prepared in accordance with Generally Accepted Accounting Principles representing the Applicant’s financial position within the ninety (90) day period immediately preceding the filing of the jurisdiction specific checklist. If Applicant is a start up company, then Applicant need only UPLOAD a Balance Sheet. (Note: All Applicants must meet/maintain the net worth requirement for licensure during the application period.)
The Resident/Registered Agent of the NMLS Company Form must be physically located in Rhode Island and cannot be an employee/owner of Applicant.
$20,000 furnished and submitted by a surety company authorized to conduct business in Rhode Island.
Information Source NMLS website
* Includes 1 Company State license and 1 individual License