Wisconsin Mortgage Licensing Requirements
License Type: Wisconsin Mortgage Broker License
Physical Office
Not Required
Qualifying Individual
Yes
Minimum Net Worth
$100,000
Financial Statements
CPA reviewed Financials
Surety Bond
$120,000
Average Timeframe
45 Days - 60 Days
License Type: Wisconsin Mortgage Banker License
Physical Office
Not Required
Qualifying Individual
Not Required
Minimum Net Worth
$250,000
Financial Statements
CPA Audited financials
Surety Bond
$300,000
Average Timeframe
45 Days - 60 Days