Maine Mortgage Licensing Requirements

Contents

Broker Requirements:

(1) No physical office within state, but MUST register FIRST with Maine Office of Consumer Credit Regulation OR if corporation with Maine Secretary of State's Corporate Division Office (this allows broker to handle 1st & 2nd mortgages)

(2) $10,000 Surety Bond and additional $10,000 Surety Bond for additional branches opened

(3) Resume

(4) $200 registration fee

(5) $100 annual renewal fee

NOTE:If any changes are made to the Maine Mortgage Law, the state will post a Newsletter (approximately every year).

 

Loan Officer Requirements:

Contact Information:

Maine Dept. of Professional and Financial Regulation

Physical Location:

Gardiner Annex

122 Northern Ave.

Gardiner, ME

Mailing Address:

35 State House Station

Augusta, ME 04333

Phone: 207.624.8500

TTY: 888.577.6690

Website:http://www.maine.gov/pfr/index.shtml

 

Map of Maine Dept of Professional and Financial Regulation:


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