Annual Membership Dues





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Annual Dues Structure

Please be advised that the membership year runs from June 1 to May 31. All new MBBA-NH company
members, regardless of membership level, must also pay a one-time, non-refundable application fee, which is located at the end of this page.

MBBA-NH is the state affiliate of the National Association of Mortgage Brokers (NAMB), and we are pleased to sign you up as a NAMB member as well as a MBBA-NH member. The following is important information you should know about joining NAMB:

1. MBBA-NH members have the option of joining NAMB
2. MBBA-NH membership is required for NAMB membership
4. Loan originators may join NAMB individually only when the company for which they work have a NAMB
Professional Membership.

If you prefer to complete your application offline, you may download and print our Membership Application (PDF/44KB) and mail your completed application to the address listed on our Contact Us page. You may also fill out a membership application online.

mORTGAGE BANKERS AND BROKERS AND nATIONAL aSSOCIATION OF mORTGAGE bROKERS MEMBERSHIP DUES:

MORTGAGE BANKER/BROKER:
If you maintain both licenses, your fee is based on the following (scroll down to pay a $25 application fee).

MBBA-NH and NAMB Professional Membership (full-year membership)
Price: $ 722.50 Quantity:

MORTGAGE BROKERS:
If you maintain a broker license only and membership dues are based on the following three scenarios (scroll down to pay a $25 application fee):

1. If you are the sole proprietor of your business without any other employees, your dues are:
          a. $110.25 when you join between June 1 and May 31, plus a $25 application fee.
          b. $ 55.13 when you join between December 1 and May 31, plus a $25 application fee.

2. If you are the sole proprietor of your business and you have six or less employees, your dues are:
     (Please go to Number 3, if you are the sole proprietor of your business and employ seven
     or more employees.)
          a. $110.25 for you, the sole proprietor, when joining between June 1 and May 31, plus a $25
               application fee.
          b. $ 29.40 for each employee up to six employees, when joining between June 1 and May 31.
          c. $ 55.13 for you, the sole proprietor, when joining between December 31 and May 31, plus a
               $25 application fee.
          d. $14.70 for each employee up to six employees, when joining between December 31, and
               May 31.

3. If you are the sole proprietor of your business and employ seven or more employees, your dues are:
          a. $294.00 for you and your seven or more employees, when joining between June 1 and May
               31, plus a $25 application fee.
          b. $147.00 for you and your seven or more employees, when joining between December 1 and
               May 31, plus a $25 application fee.

Mortgage broker Example: If you are a mortgage broker and employ three people, your
total dues for a full year are $110.25 for you, the owner of the company, and $88.20 for your three employees who are charged $29.40 each. The total dues owed = $198.45. If you join on or after december 1 to May 31, then your dues are prorated and reduced by one-half to $97.25.

MBBA-NH and NAMB Professional Membership (full-year membership)
Price: $ 439.00 Quantity:
(For the mortgage broker who employs seven or more employees.)

MBBA-NH membership only (full-year membership)
Price: $ 110.25 Quantity:
(For the mortgage broker who is the sole proprietor and only employee of his/her company or employs six or less employees.)

MBBA-NH and NAMB Professional Membership (full year membership)
Price: $ 255.25 Quantity:
(For the mortgage broker who is the sole proprietor and only employee of his/her company or employs six or less employees.)

MBBA-NH membership only (full year membership)
Price: $ 29.40 Quantity:
(For each of the first six additional employees who are employed by a mortgage broker.)

MBBA-NH and NAMB Associate Membership (full year membership)
Price: $ 74.40 Quantity:
(For each of the first six additional employees who are employed by a mortgage broker.)

AFFILIATE MEMBERSHIP DUES:
If you provide a service or services to mortgage bankers/brokers, i.e., appraisers, credit reporting agencies, private mortgage insurance companies, title companies, title insurance companies, etc., your fee is based on the following (scroll down to pay a $25 application fee):

MBBA-NH membership only (full-year membership)
Price: $ 346.50 Quantity:

MBBA-NH and NAMB membership (full-year membership)
Price: $ 441.50 Quantity:

NON-REFUNDABLE APPLICATION FEE:
For first time regular, mortgage broker, or affiliate members (does not apply to renewals)
A non-refundable application fee is required with all new applications

Price: $ 25.00 Quantity:

© 2006 Mortgage Bankers and Brokers Association of New Hampshire
P.O. Box 6, Weare, NH 03281-0006 | Phone: (603) 529-5001 | Fax: (603) 529-5005 | E-mail: info@mbba-nh.org
Page Last Updated: Thursday March 13, 2008 12:34 PM