Mortgage Broker License
Being properly licensed is vital for mortgage lending companies as the mortgage industry is highly-regulated. There are many rules and laws that lenders must follow in order to be in compliance with the states being operated in. With so many regulations, it would be easy to unknowingly violate them. This can result in severe penalties and legal consequences. Cornerstone walks with you to ensure you have the necessary licensing, insurance, and bonds to properly adhere to state regulations. Being licensed is an important step to being a reputable lender.