How to I get a mortgage broker license?

In order to get a mortgage broker license, you will have to meet the guidelines set forth by the state in which you plan on doing business. In most states, you will have to pass a licensing exam concerning the information that you will need to know as a mortgage broker. To take this exam, you will have to pay a licensing fee as well. In addition to taking the licensing exam, you will have to undergo a background check and, potentially, a credit check. You have to pass all of the steps in order to become a mortgage broker in most states.