North Carolina Mortgage Licensing Requirements
License Type: North Carolina Mortgage Broker License
Physical Office
Branch in NC not Required (Company headquarters must be Commercial zoned)
Qualifying Individual
Yes
Minimum Net Worth
$25,000 (Minimum $10,000 Cash)
Financial Statements
P & L and Balance Sheet
Surety Bond
$75,000
Average Timeframe
45 Days - 60 Days
License Type: North Carolina Mortgage Lender License
Physical Office
Branch in NC not Required (Company headquarters must be Commercial zoned)
Qualifying Individual
Yes
Minimum Net Worth
$100,000
Financial Statements
CPA Audited financials
Surety Bond
$150,000
Average Timeframe
45 Days - 60 Days