What licenses are needed to start a mortgage brokerage business in California?

Some jurisdictions in CA require general licenses for any business operating there. To get a license, register your business with the California Secretary of State and obtain a Certificate of Authority or Good Standing Certificate.

Starting an independent mortgage brokerage business in California will require that you complete the process of obtaining either a CA Financing Law License or a Residential Mortgage Lending Act License for your company or yourself as a broker, and a Mortgage Loan Originator License which authorizes you to engage in mortgage loan origination activities.

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