Applying for a Mortgage Broker License
Regarding license applications
The Division of Banks regulates twelve
different license types grouped into six
financial service industries. To apply for a
license as well as link to the laws,
regulations, and regulatory bulletins and
specific application requirements select and
carefully review the Application
Instructions in this section.
All applicants should also ensure that
they review all appropriate addendum
requirements.
Mortgage Companies (links to relevant
Massachusetts General Laws, applications,
and procedural information for applicants at
the Division of Banks website)
The Division of Banks licenses mortgage
lenders and brokers pursuant to
Massachusetts General Laws chapter 255E and
its implementing regulations found at 209
CMR 42.00 et seq. Applicants who are
interested in pursuing a license
to become a mortgage lender or broker should
carefully review all laws, regulations, and
regulatory bulletins governing mortgage
companies prior to submitting an
application.