Washington DC Mortgage Licensing Requirements

License Type: District of Columbia Mortgage Broker License

Physical Office

Not Required

Qualifying Individual

Not Required

Minimum Net Worth

$25,000

Financial Statements

P & L and Balance Sheet

Surety Bond

$12,500

Average Timeframe

45 Days

License Type: District of Columbia Lender License

Physical Office

Not Required

Qualifying Individual

Not Required

Minimum Net Worth

$200,000

Financial Statements

P & L and Balance Sheet

Surety Bond

$12,500

Average Timeframe

45 Days

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