Lenders: List Of State By State Requirements
BATTLECALL GUEST EXPERT: Eric Smith, AM Licensing
Below is a chart with some quick information about state by state requirements for mortgage lenders and bankers. Keep in mind that requirements change frequently and that this list is accurate as of: December 2006. Please call your local State Banking Commission for full details.
| No |
No |
$25,000 |
| Yes, we have solutions available |
No |
$100k - $250k |
| No |
No |
$25,000 |
| No |
No |
$250,000 |
| No |
No |
$40,000 |
| No |
No |
$10,000 |
| No |
No |
No |
| No |
Yes |
$250,000 |
| Yes, if your home state requires a physical office |
No |
0 |
| Yes |
No |
0 |
| No |
No |
0 |
| No |
No |
$10,000 |
| No |
Yes |
$150,000 |
| No |
No |
$50,000 |
| No |
No |
$100,000 |
| No |
Yes |
$50,000 (can be met with surety bond) |
| No |
No |
$25k-$100k |
| No |
No |
0 |
| No |
No |
$50,000 |
| No |
No |
$25,000 |
| No |
No |
$25,000 |
| Yes |
No |
$25,000 |
| No |
No |
0 |
| Yes |
No |
0 |
| No |
Yes |
$100k - $250k |
| No |
No |
0 |
| No |
No |
$50,000 |
| No |
No |
$0-$100k |
| Yes |
Yes |
$250,000 |
| No |
No |
0 |
| Yes |
No |
0 |
| No |
No |
$250,000 |
| Yes |
Yes |
0 |
| Yes |
No |
0 |
| No |
No |
0 |
| Yes |
No |
$250,000 |
| No |
No |
$100,000 |
| No |
No |
0 |
| No |
No |
$25,000 |
| Yes |
Yes |
$25,000 |
| No |
Yes |
0 |
| No |
No |
$200,000 |
| No |
No |
$25,000 |
| No |
No |
$100,000 |
| No |
Yes |
$250,000 |
| No |
No |
$10,000 |
| No |
No |
0 |
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