North Carolina Secretary of State Frequently Asked Questions

Frequently Asked QuestionsWe provide this for informational purposes only. It does not constitute legal advice.

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How can I become a loan broker in North Carolina?

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

Foreign entities registering to transact loan broker activities in North Carolina are required to apply for a Certificate of Authority.

Is there a fee to register as a loan broker?

There is no fee to be a loan broker.

Can the loan broker information be faxed?

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

Are the forms for loan brokers online?

Yes, the forms are online.

Does the Secretary of State send anything back letting me know I’m registered?

Yes, you will receive a certificate of registration.

What should I do if I need to update some information?

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

Should I wait to receive information back from the Secretary of State before I start brokering activities?

Yes, please 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.

If I had a bond last year and it is still in effect, do I need to send another copy to the Secretary of State when I renew?

Yes.

Where can I get more information about bonds and where to get one?

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.

How do I determine if I need to file as a Loan Broker?

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, please consult an attorney.

How do I contact you or submit a document?

You may contact the Loan Broker Registrar via email, phone or through the mail as follows:

Email: [email protected]

Telephone: 919-814-5408

Mailing Address for Regular Mail:
NC Secretary of State
Loan Broker
Post Office Box 29622
Raleigh, North Carolina 27626-0622

You may submit the loan broker registration documentation via regular or overnight mail to the following addresses, we do not accept emailed or faxed applications as we do not have a process set up to receive applications through email or fax.