New Hampshire Mortgage Banker License

GENERAL INFORMATION Who is required to have this license? Any location located in New Hampshire or outside of the state, where New Hampshire loans are originated, brokered, funding mortgage loans or services mortgage loans, and that is identified by any means to the public. Branch office does not include the principal office location. This license should only be applied for by a company that also holds or is applying for Mortgage Banker license. NH RSA 397-A Activities Authorized Under This License This license authorizes the following activities… • First mortgage brokering • Second mortgage brokering • First mortgage lending • Second mortgage lending • First mortgage servicing • Third party first mortgage servicing • Subordinate lien mortgage servicing • Third party subordinate lien mortgage servicing • Master servicing • Mortgage loan purchasing • Short sale • Home equity lending/lines of credit • Reverse mortgage brokering • Reverse mortgage lending • Reverse mortgage servicing • High cost home loans • Third party mortgage loan processing • Third party mortgage loan underwriting • Manufactured housing financing • Lead generation • Mortgage loan modifications • Other - mortgage Pre-Requisites for License Applications • Company will need to be licensed before a branch license can be approved • Branch Manager will need to meet the requirement of a licensed NH loan originator NH Banking Department does not issue paper licenses for this license type.