Pennsylvania Mortgage Licensing Requirements
License Type: Pennsylvania Mortgage Broker License
Physical Office
Not Required
Qualifying Individual
Yes
Minimum Net Worth
No Requirement
Financial Statements
P & L and Balance Sheet
Surety Bond
$50,000
Average Timeframe
30 Days
License Type: Pennsylvania Mortgage Lender License
Physical Office
Not Required
Qualifying Individual
Yes
Minimum Net Worth
$250,000
Financial Statements
P & L and Balance Sheet
Surety Bond
$100,000 & $300,000 Fidelity
Average Timeframe
30 Days