| Missouri Mortgage Licensing Requirements |
Broker Requirements:(1) $300 Licensing Fee (upon approval of the application) (2) $300 non-refundable Investigation fee (3) $20,000 Surety Bond (4) financial statements (5) disclosure of any judgments, bankruptcies, criminal activity, etc within the last 10 yrs (6) a background check will be completed by the Division of Finance (7) a physical office is REQUIRED in the state. NOTE:Only one license is required to do business for 1st and 2nd mortgage in the state of Missouri.
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