How To Become An Illinois Mortgage Loan Broker
Any person or company who negotiates, places, assists in placing, finds, or offers to do any of the above on residential property in the state of Illinois needs an Illinois Mortgage Broker License.
You are not legally authorized to engage in mortgage brokering or mortgage lending activities in the state of Illinois until you have secured your mortgage license. This is due to the SAFE Mortgage Licensing Act statutes.
Illinois Mortgage Licenses are issued by the Nationwide Mortgage Licensing System.