Texas State Licensing Program

Licensing For New Brokers Made Easy With SCP

To obtain a mortgage broker license, many states once required you be physically present in the state. But as the mortgage culture migrated to the internet, the brick-and-mortar requirement became a fleeting must-have nationwide.

Texas recently passed HB 3617, a Texas House Bill which officially removes the requirement of a brick-and-mortar establishment. The passage of HB 3617 is effective September 1, 2021 and will have quite an impact on the current Texas brokers. While this is great news for brokers nationwide, the competition will be fierce for the Texas brokers who are already established.

Listen to Megan McCurdy, Licensing Specialist with SCP, as she discusses what this means for any brokers interested in opening up shop or currently licensed in Texas.

Ready to get licensed in Texas? Let SCP help. Call us today at 301.578.6015 or schedule a free consultation by clicking the button below

Free Consultation

Exactly What You Need to Become a Broker

MLS Company Form (MU1) Assistance and Submission

Individual Form (MU2) for control people assistance

Branch Form (MU3) Assistance

Electronic and physical state licensing assistance

$1500 Per State License

Here’s what’s included:

NMLS Company Form (MU1) assistance
Branch Form (MU3) Assistance
Electronic preparation of NMLS filing and state licensing assistance
Guidance to help you determine which license type suits your business needs

Please note: You must have completed your business formation and registration in the state(s) prior to starting this process.

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Not Ready Yet? Download Your 9-Step Licensing Checklist

9-step licensing checklist for new mortgage brokers

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Complete your licensing and compliance requirements all in one place - and save!

1.

SCP’s licensing experts help you complete all required state and federal filings accurately and efficiently.

2.

SCP’s Real Time Compliance gives you the federal and state policies required to partner with the wholesale lenders of your choice.

3.

SCP monitors evolving regulations and investor requirements to keep your policies and required compliance courses up-to-date.

4.

Get ongoing expert guidance on marketing, loan officer compensation, disclosure and record-keeping requirements, audits, NMLS mortgage call report filings, and more!

Working with SCP and Cassie was a very easy process to help us get licensed. Cassie helped us organize everything and submit a complete file that needed no revisions. In speaking with other Brokers who got licensed through the State of Alabama and didn't work with SCP, it took them more than twice as long to get an answer back from the state. I feel that working with SCP was worth the money because it saved us valuable time. I'd highly recommend them to anyone looking at getting licensed and if we decide to get licensed in other states we will definitely use SCP again.

Ross Sykes

Mortgage Advisor, Homefront Lending LLC

"Strategic Compliance Partners have been key for me getting quickly licensed in multiple states. They laid out clear and actionable steps for me to take to get licensed. They even provided insights and tips for the best ways to complete certain state requirements. They took all the guesswork out of it and were always available to answer any questions I had. I would highly recommend using them for anything license-related!"

Ryan McCallister

President & Principal Broker, F5 Mortgage LLC

"Working with Cassie at Strategic Compliance was the best decision I made when opening up my brokerage. She made the process seamless, and I am grateful for the time she saved me taking care of things from A to Z. She was always available for me, and I would highly recommend her. I will be a repeat client as I get licensed in other states."

Ryan Spencer

Mortgage Broker, AMG AZ Mortgage Broker

Casandra Schmalz was very helpful and responsive with my mortgage broker license process. I would be happy to recommend your services to other mortgage professionals.