mortgage companies

Many states have online records of licensing information. If you go to your state's website, you can find a banking related department and do a search by the company or individual's name.

a quick internet search can also yield a good amount of local and state mortgage companies in your area. If you are shopping for a home be sure and ask your Realtor for a recommendation of a reliable mortgage broker.

In mortgage companies there are different requirements for mortgage brokers versus mortgage bankers. An idividual loan officer for a mortgage broker will have to be licensed, however, that is not the case for mortgage bankers. The mortgage banker can hire and train the loan officer without them being licensed. The mortgage banker themselves do have to meet certain requirements to do business in each state and be licensed to do business there.

» DISCLAIMER: The information contained in this article on ' mortgage companies' is a collection of contributions by licensed mortgage professionals and is not the opinion of Broker Outpost LLC. Always consult a licensed professional before applying for a mortgage.