Loan Broker Registration

The requirements are in N.C.G.S. Article 20 of Chapter 66.

There is no fee to be a loan broker.

No, the NC Secretary of State does not have a process for faxed initial filings.

Yes, the forms are online.

Yes, you will receive a certificate of registration.

Send the updated information to the Secretary of State. See the contact information below in the last question.

Yes, make sure you are registered before beginning any activities. This is important because it is a crime to act as a broker without being registered.

Yes.

The NC Department of Insurance regulates surety companies. You can also view A Consumer’s Guide to Surety Bond, a publication by the NC Department of Insurance.

Making this determination is complicated because there are a number of exceptions. You may want to consult a lawyer to help figure out whether you need to register. However, the Department of Justice created a questionnaire to help, which can be found on our “Do You Need To Register?” page. If you have questions, consult an attorney.