2nd Mortgage Licensing States
The following states require additional licensing for 2nd Mortgages. Some states only require the licensing for the lender in the transaction so the broker would not need the license. Some states require the 2nd license for all parties. Contact Us today and we will help you decide if you also need a 2nd license in the state you are looking to do business in.
Colorado – Mortgage Lenders w/ Loans over 12% APR
Indiana – Mortgage Lenders Only
Kansas – Mortgage Lenders w/ Loans over 12% APR
Ohio – No Longer required as of 3/23/2018
Oklahoma – Mortgage Lenders w/ Loans over 12% APR