2007-01-21 17:21:55 · 3 answers · asked by clsaleco 1 in Business & Finance ➔ Renting & Real Estate
You have to have a State license, and post a bond in whatever State you are in.
2007-01-21 17:29:54 · answer #1 · answered by roscoedeadbeat 7 · 0⤊ 0⤋
In California, you can open a mortgage company many differant ways. First you must either have a real estate brokers lic. or work under someone who does have one by mutual agreement. the broker can be licensed by the Dpt of Corporations or/and the Dept of Real Estate depending on how you choose to conduct your business. Will you be doing only in state lending or do you want to do business nationally. There are several ways to set it up. I would be happy to give you more details if in fact you are asking about California.
2007-01-22 05:08:09 · answer #2 · answered by Debbie P 2 · 0⤊ 0⤋
In my state your have to work for a mortgage company a year before your eligible to open your own. Also you need to make contacts with lenders and banks.
2007-01-22 01:57:32 · answer #3 · answered by miztiffany 3 · 0⤊ 0⤋