Mortgage Banking License - Posted by ben

Posted by Jim on April 28, 1999 at 20:28:47:

All I know is that the requirements for banker are much more stringent than broker.You need a certain amount of liquid funds on hand.

Mortgage Banking License - Posted by ben

Posted by ben on April 28, 1999 at 20:23:01:

I have done a small amount of private mortgage lending
and would like to do more. However, NJ law requires a mortgage banking license if one does more than two deals
per calendar year. Does anyone know how this license can be obtained?

Re: Mortgage Banking License - Posted by psmith-NJ

Posted by psmith-NJ on May 03, 1999 at 14:31:36:

Try njleg.state.nj.us. This site list every law in New Jersey, including who needs a license and how to obtain one.