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STATE OF North Dakota
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Is a license required? |
No. |
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State
specific loan modification law? |
None. |
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Advantages
of becoming a licensed Mortgage Broker? |
Not applicable. |
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Penalties
for operating in the state without a license: |
None. |
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Is an
advanced fee permitted? |
None. |
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Is a
written agreement required? |
None. |
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Other
noteworthy information? |
The North Dakota Department of Financial Institutions has stated that loan modification is not specifically regulated or licensed in the state. North Dakota’s various laws protecting consumers against fraud and other consumer protection laws of course apply to anyone selling services to the public. |
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Oklahoma
Statutes |
North Dakota Department of Financial Institution Contact information: Ctrl + Click Here |