How to start/own a mortgage/broker business...?

Financing, Hard Money Lenders, Private Money
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What are the steps and paperwork needed to start a small mortgage Office in the State of Ohio?

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Do you have any experience in the business?

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  1. Pay non-refundable application fee.
  2. Provide a Surety Bond in the amount of $50,000.
  3. You are required to have at least three years experience in the real estate mortgage financing field before applying.
  4. Required with the application are fingerprints and a statement pertaining to any criminal activity.
  5. Finally, the division performs a criminal background check and also investigates the financial condition, character, and experience of all applicants.

If your trying to get into the business and do not currenly meet the qualifications for a broker level license give me a call. I can get you setup with an equitable system.

Regards,
Pat Lawson

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You’ll hear from me soon. Thank you