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Loan Broker Licensing Information
Required State License(s):
There is no state license unless the individual or business is brokering:
- Real estate mortgages: See "Mortgage Broker"
- Investments rather than loans (the distinction may require professional advice) -- requires an Investment Advisor license from the Department of Licensing and Regulatory Affairs, Corporations, Securities, and Commercial Licensing Bureau at 517-335-5237 for licensure information or visit our website at www.michigan.gov/securities.