Estimated Time – Broker

          
NATIONAL MORTGAGE BROKER
StatesLicenses
1st MORTGAGE LICENSESESTIMATED APPROVAL TIME FROM DATE OF SUBMISSION OF APPLICATION TO STATE
1AKMtg Broker45-60 DAYS
2COMtg Broker45-60 DAYS
3ALMtg Broker45-60 DAYS
4ARMtg Broker45-60 DAYS
5AZMtg Broker60-90 DAYS
6CA Finance Lender75-90 DAYS
7CT1st Mtg Broker60-75 DAYS
8DCMtg. Broker60-75 DAYS
9DEMtg. Broker75-90 DAYS
10FLCorrespondent Lender45-60 DAYS
11GAMtg. Broker60-90 DAYS
12HIMtg. Broker60-90 DAYS
13IAMtg. Broker30-45 DAYS
14IDMtg Broker30-45 DAYS
15ILResid. Loan90-120 DAYS
16INLoan Broker30-45 DAYS
17KSMtg Broker30-45 DAYS
18KYMtg Broker45-60 DAYS
19LAMtg. Broker45-60 DAYS
20MAMtg Broker75-90 DAYS
21MDMtg Broker 60-75 DAYS
22MECredit Services Org30-45 DAYS
23MI1st Mtg. Broker75-90 DAYS
24MNMtg Originator30-45 DAYS
25MOMtg Broker60-75 DAYS
26MSMtg. Broker60-75 DAYS
27MTMtg Broker45-60 DAYS
28NCMtg. Broker75-90 DAYS
29NDMoney Broker 30-45 DAYS
30NEMtg. Broker 30-45 DAYS
31NHMtg Broker75-90 DAYS
32NJ1ST Mtg Broker90-105 DAYS
33NMMtg Broker30-45 DAYS
34NVMtg Broker120-180 DAYS
35NYMtg Broker120-180 DAYS
36OHMtg Broker90-105 DAYS
37OKMtg Broker60-75 DAYS
38ORMtg Broker30-45 DAYS
39PA1st Mtg Broker60-75 DAYS
40RIMtg Broker60-75 DAYS
41SCMtg Broker 60-75 DAYS
42SDMtg Broker30-45 DAYS
43TNMtg Broker30-45 DAYS
44TXMtg Broker60-75 DAYS
45UTMtg Broker60-75 DAYS
46VAMtg Broker45-60 DAYS
47VTMtg Broker60-75 DAYS
48WAMtg Broker90-105 DAYS
49WIMtg Broker30-45 DAYS
50WVMtg Broker60-75 DAYS
Disclaimer:
These estimates are our best estimate based upon following assumptions:
[1] Period starts from date Application is submitted to State
[2] Application will not be submitted until the Application is complete in all aspects
[3] No unusual occurrances at the state like loss of examiners, sudden flood of applications, new applications with more complex requirements
[4] Client is able to provide to Thomas Law within a short time all the additional items requested by the State
[5] No major changes by the client such as name change, address change, principals change, economic difficulties