50-State Licensing and Compliance
Scaling a lending business presents challenges due to the variety of requirements and regulations across states. As the largest private lending law firm in the U.S., we are well-versed in the intricacies of lending regulations across all 50 states and can provide the guidance you need for a successful expansion.
Practice Areas:
Overview
50-State Surveys: Licensing and Compliance
Scaling a lending business presents challenges due to the variety of requirements and regulations across states. As the largest private lending law firm in the U.S., we are well-versed in the intricacies of lending regulations across all 50 states and can provide the guidance you need for a successful expansion.
Clients Served
Proudly serving more than 5,000 clients nationwide, from emerging lenders to industry leaders.
50-State Licensing Surveys
Expanding your lending operations to a new state requires thorough knowledge of licensing requirements. Our comprehensive licensing research covers requirements for all parties through the life cycle of a business purpose mortgage loan, including loan originators, processors, underwriters, brokers, lenders, servicers, sellers and purchasers, and owners of mortgage servicing rights. We provide clarity on whether a license is required and even explore the possibility of leveraging a broker’s license.
- When a broker’s license is required
- When a mortgage lender’s license is required
- When a license is required to service the transaction
- Whether a loan originator’s license is required
- Whether a license is required to buy a loan(s)
- Whether a license is required to sell a loan(s)
- Whether a license is required to buy & hold MSRs
Please note: Fortra Law is not able to service any inquiries regarding any type of consumer lending.
Supplementary Surveys
- Choice of Law
- Collection Agency Licensing
- DBA Filings
- DoT Trustee Requirements
- Late Fees
- Licensing Non-RE Secured Loans
- Licensing
- Mechanic’s Lien Laws
- Mortgage Taxes
- Prepayment Penalties
- Referral Fees
- Table Funding
- Unlicensed Lenders Funding Through Licensed Brokers
- Usury
See an example of our comprehensive guide to Licensing and Compliance in New Jersey.
* Note that the document above contains all surveys grouped into one. Each survey is available separately
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Explore Our Practice Areas
Fortra Law supports lenders and financial institutions across a range of related practice areas. Explore additional services that may support your transaction, compliance needs, or broader business operations.
Media
Insights from Our Team
Explore attorney-led discussions covering state licensing requirements, compliance challenges, regulatory developments, and operational considerations for mortgage industry professionals.
Reference Links
Licensing & Compliance Resources
Browse articles, guides, and reference materials addressing state licensing requirements, compliance obligations, and regulatory considerations for mortgage lenders and financial institutions.