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License Finder

Mortgage Banker/Broker License/Mortgage Loan Originator
License Description License to act as a mortgage banker or mortgage broker. A mortgage banker is any person or entity that makes, originates, or services at least 4 mortgage loans on residential property in Iowa within a calendar year. A mortgage broker is any person or entity that arranges or negotiates at least 4 mortgage loans on residential property in Iowa within a calendar year.
Licensing Agency
Iowa Department of Commerce, Iowa Division of Banking
Iowa Department of Commerce, Iowa Division of Banking
200 East Grand Avenue, Suite 300
Des Moines, IA 50309
(515) 281 4014
randy.johnson@idob.state.ia.us
Active Status Active
Certification Certification required
Continuing Education Continuing education required to maintain license
Criminal Record Background check required
Education Specific course required
Exam Both state and third-party exams required
License Type Tied to business
License Updated 04/12/2023
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