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Are mortgage brokers required to have a license in the state of Texas?

Posted on: 14th Jul, 2010 08:37 am
I am being offered a line of financing from out of state for home mortgages. I need to know what I would need to enter into such an agreement.
That depends on the loan. Mortgage Brokers who are located in Texas have to have be licensed by the State. I think the better question is if you would have *also* be licensed in the originating state as well.

Check out the State of Texas web site - http://www.sml.state.tx.us/
Posted on: 14th Jul, 2010 11:20 am
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