Delaware Mortgage Broker Bonds

License Overview

Getting a Mortgage Broker’s License in Delaware is actually quite simple and inexpensive compared to most other states. Delaware does not require that the Mortgage broker have a physical presence (office) within the state to conduct business.

The Mortgage Brokers in the state of Delaware are regulated by the Office of the State Bank Commissioner. There is not much legislation that restricts Mortgage Brokers in Delaware. There is a $25,000 Surety Bond that is required prior to applying for your license and 3 letters of reference from companies you have done business with in the past. The bond language is very friendly and the Surety Companies will compete for your business.

Bad Credit Delaware Mortgage Broker Bonds

Any applicant with less than perfect credit is encouraged to apply with JW Bond Consultants, Inc. We have a special program that is tailored to meet the needs of applicants that are considered higher risk.

Delaware License Requirements

Age: None

State Residency: None

Experience: Prior mortgage background with letters of reference

Education: None

Continuing Education: None

Net Worth: None

Surety Bond: $25,000

Free Surety Bond Quote

Background Check: Credit and credit.

Managing Principle: Broker is responsible for company regardless of where they are physically located.

Delaware State Licensing Fees

Initial Application: $500

Branch Location: $500

Branch Offices:

In State Requirements: None

Licensure Requirements: Three reference letters

Branch Manager: Must be licensed

Exemptions:

Entities: None

Safe Harbor: None

*This Information for licensing is provided only as a quick reference, make sure you contact the state to verify all information prior to making your application.

Get a FREE quote on your Mortgage License Surety Bond online now!

Choose Another State:

Commercial Bonds

• 

Warning: require(http://www.jwsuretybonds.com/temp3_mortgage_broker.php) [function.require]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /var/www/vhosts/jwsuretybonds.com/httpdocs/surety-bonds/commercial-bonds/mortgage-broker-bonds/delaware_mortgage_broker_bond.htm on line 134

Fatal error: require() [function.require]: Failed opening required 'http://www.jwsuretybonds.com/temp3_mortgage_broker.php' (include_path='.:/usr/local/php-5.2.11/lib/php:/usr/share/php') in /var/www/vhosts/jwsuretybonds.com/httpdocs/surety-bonds/commercial-bonds/mortgage-broker-bonds/delaware_mortgage_broker_bond.htm on line 134