All mortgage brokers conducting business in this state must be registered with the Division of Real Estate. Only those mortgage brokers who are registered or exempt from registration by law may broker a mortgage, offer to broker a mortgage, act as a mortgage broker, or offer to act as a mortgage broker. This requirement is effective on and after January 1, 2007.

Link: http://www.dora.state.co.us/real-estate/applications/mortgagebrok

er/index.htm

Applications are accepted online starting October 1, 2006. Prior to submitting an application, a set of fingerprints for a criminal history record check must be submitted to the Colorado Bureau of Investigation (CBI). The required background checks take approximately 3 months to process.

In addition, proof of a security bond in the amount of $25,000 must be submitted along with the application.

The application form may be accessed on-line at

Link: http://www.dora.state.co.us/real-estate/mb/application.pdf