National Association of Mortgage Brokers TrainingPro
Home       Courses By State       State Guide       Resources       State Association Partnerships       Contacts


National Association of Mortgage Brokers Training Center


Rhode Island Requirements

Rhode Island Requirements

Regulated By: State of Rhode Island Department of Business Regulation
Address: 1511 Pontiac Avenue
Cranston, RI 02920
Phone/Fax Numbers: (401) 462-9500 / (401) 462-9532
Website Address: http://www.dbr.ri.gov/

Please Note: The contents contained on this web page are for informational purposes only. State requirements often change. Please visit your state web site for the most up-to-date information. This information should not be interpreted as legal advice.

Please Select Which Requirements You Would Like To See

Lender License
Loan Broker License
Mortgage Loan Originator License

Lender License

 Application Type: Updating Information (In Progress)
Application Fee:
 
Initial Education
and/or Experience:
 
Testing:
 
CE Requirement:
 
CE Deadline:
 
Surety Bond:
 
Finger Prints /
Criminal Background:
 
Net Worth:
 
Credit Report:
 
Renewals:
 

Loan Broker

Application Type:
Updating Information (In Progress)
Application Fee:
 
Initial Education
and/or Experience:
 
Testing:
 
CE Requirement:
 
CE Deadline:
 
Surety Bond:
 
Finger Prints /
Criminal Background:
 
Net Worth:
 
Credit Report:
 
Renewals:
 

Mortgage Loan Originator

Application Type:
License
Application Fee:
$180 (includes NMLS processing fee)
Initial Education
and/or Experience:
20 Hours NMLS Approved Pre-Licensing Education (Including 3 hrs. RI Specific Content) and Sponsorship by a Licensed RI Company
Testing:
A Score of 75% on National and RI Test Components
CE Requirement:
8 Hours NMLS Approved CE, Annually (Including 1 hr. RI Specific Content)
CE Deadline:
By December 31st
Surety Bond:
Covered by Employer's Surety Bond
Finger Prints /
Criminal Background:
Yes/Yes
Net Worth:
N/A
Credit Report:
Yes
Renewals:
By December 31st

REVISION DATE: 4/18/2011

Back to the State Guide


 
ADVANCED EDUCATION SYSTEMS, LLC. DBA TrainingPro Copyright 2006
Phone: 877-878-3600 or 888-553-0500
Email: support@trainingpro.com