Broker Requirements:

(1) $400 application fee

(2) $300 licensing fee for renewal

(3) $25,000 Surety Bond

NOTE:No educational or net worth requirements at this time. Also, physical location of business office may be in either a commercial or residential setting (by a Residential Agent if located out of the state).

Loan Officer Requirements:

Contact Information:

New Mexico Financial Institutions Division

2550 Cerrillos Road, 3rd Floor

Santa Fe, NM 87505

Phone: 505.476.4885

Fax: 505.476.4670

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Website:http://www.rld.state.nm.us/FID/index.html

Map of New Mexico Financial Institutions Division: