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FAQ




What are the requirements for a Florida mortgage broker license?

be at least 18 years of age
complete the state required course
pass the state examination
need not be a Florida resident

How do I apply for the state exam?

Phone the Department of Banking and Finance at (850) 410-9895.  
Or fax (850) 410-9914 and request an application. 
You may also request the application at the Department of Banking and Finance website.

What is the cost to apply for the state exam?

$215.00 (This includes your first license.)

What is the cost to retake the state exam?
There is no charge, provided you pass the exam within the 90 day period stamped on the examination form. Typically, this means 2 attempts. If you do not take or pass the state exam within this 90 day period, a new application must be submitted with another $215.00.

When and where is the state exam given?
The exam is given in St. Petersburg, Orlando, Ft. Lauderdale and Tallahassee. It is typically held on the fourth Tuesday of the month.

How long after taking the state exam will I be notified of passing?
Official results will be sent by mail approximately 5 days after your exam.

How long after passing the state exam will I receive my license?
Your license will be sent by mail approximately 30 days after passing the state exam and providing your course completion certificate.

What is the renewal period?
Your mortgage broker license must be renewed every 2 years. The renewal period begins September 1 of odd numbered years.

What is the cost to renew the License?
The cost to renew is $150.00.

 

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