In order to gain a mortgage broker’s license within the state of Ohio, all brokers must pass state coursework and a state examination. Licensing coursework includes 40 hours of Ohio real estate law, 40 hours or real estate principles and practices, 20 hours of real estate appraisal, and various other real estate related courses. Following coursework, all applicants must pass the Ohio Broker Examination. Thus, any broker who practices within the state of Ohio should be able to produce a valid brokerage license. It is recommended that consumers ask to see a mortgage broker license prior to conducting any business with a mortgage broker.
All brokers within the state of Ohio are regulated by the state of Ohio. Any consumer wishing to file a complaint can contact the state of Ohio through the state’s website. In addition, some brokers may belong to professional associations, though this is not mandatory for all brokers. The Ohio mortgage brokers listed on our site held valid licenses at the time of this writing. Since brokers must keep up with continuing education requirements, it is possible that some of the brokers listed on our site no longer hold a valid license. When shopping for a mortgage, it is a good idea to ask each broker you are considering for free quotes. This way, you can shop around for the best possible mortgage available. |
