STEP 1
GETTING STARTED
Choose a business name and register it with the states in which you plan to do business.
Set up your business entity and determine what type of business is best for you.
Open up your business bank account and/or trust account.
Choose a business name and register it with the states in which you plan to do business.
Set up your business entity and determine what type of business is best for you.
Open up your business bank account and/or trust account.
Review state requirements for company licensing.
Start the application for your licenses on the NMLS website.
Find at least three lenders to partner with that fit your needs.
Learn more about protecting your business from questionable lending practices.
Support and grow with the mortgage brokerage community: Association of Independent Mortgage Experts (AIME)
Sign up with a Credit Reporting Company (CRC).
Obtain Loan Origination Software (LOS).
Set up a compliance management system.
Contact your insurance agent.