(1) $1,500 application/investigation fee

(2) $10,000 - $1000,000 Surety Bond (depending on # loans, amount determined 2 times/year)

(3) $99 fingerprint fee per applicant along with 2 sets of fingerprint cards

(4) Notarized statement including all experience qualifying them to be licensed

(5) recent original Credit Reports

(6) References with completed addresses (professional and personal references, employers and 3 lenders must be included)

(7) Website information (if applicable)

NOTE: Checks must be paid separately for all fees.

Loan Officer Requirements:

(1) 18 years of age

(2) Criminal background check

(3) Credit report

(4) License fee of $299.25, which includes fingerprint and processing fees

Contact Information:

New York Banking Department

Physical Location:

Superintendent of Banks

One State Street

New York, NY 10004-1417

Questions:

Phone: 212.709.5579

Fax: 212.709.5555

Fingerprinting Questions:

Phone: 212.709.3535

Website:http://www.banking.state.ny.us/iambb.htm

Map of New York Banking Department: