Alabama Mortgage Licensing Requirements
License Type: Alabama Mortgage Broker License
Physical Branch requirement
No
Qualifying Individual Required
No
Minimum Company Net Worth
$25,000
Company Financial Statements
P & L and Balance Sheet
Surety Bond Requirement
$25,000
Average Timeframe
45 Days
License Type: Alabama Consumer Credit License
Physical Branch requirement
No
Qualifying Individual Required
No
Minimum Company Net Worth
$25,000
Company Financial Statements
P & L and Balance Sheet
Surety Bond Requirement
$25,000
Average Timeframe
45 Days