Requirements, fees, and steps to get your mortgage broker license in New York. Last updated 2026-06-30. Source
| License Name | Mortgage Broker License |
| Issuing Authority | NY Dept of Financial Services |
| Exam Required | Yes |
| Bond Amount | $10,000 |
| GL Insurance | None required |
| Workers Comp | Varies |
| Initial Fee | $1,500 |
| Renewal Fee | $750 |
| Renewal Period | annual |
| CE Required | Yes |
| CE Hours | 8 |
| Reciprocity States | None listed |
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