Good Businesses to Start

Mortgage and Nonmortgage Loan Brokers

Mortgage and Nonmortgage Loan Brokers are a popular type of business to start. In fact, across the entire nation, there are more than 20,000 Mortgage and Nonmortgage Loan Brokers. That means that each one of those Mortgage and Nonmortgage Loan Brokers serves about 15,000 citizens on average.

Our analysis suggests that Mortgage and Nonmortgage Loan Brokers will typically employ 1 to 4 employees. As such, Mortgage and Nonmortgage Loan Brokers are a noteworthy contributor to the small business economy.

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States with Mortgage and Nonmortgage Loan Brokers
(Ordered by # per 100,000 Residents)

#
State
Businesses
Businesses per 100K Residents
1.
Colorado
963
22.39
2.
Utah
467
20.94
3.
359
18.01
4.
Rhode Island
182
17.36
5.
Oregon
540
15.82
6.
Florida
2,255
14.11
7.
California
4,188
12.37
8.
Minnesota
605
12.31
9.
Arizona
559
10.89
10.
Hawaii
129
10.65
11.
856
10.61
12.
Idaho
133
10.29
13.
Washington
594
10.14
14.
Maryland
507
9.57
15.
Delaware
71
9.06
16.
Illinois
1,057
8.51
17.
Missouri
432
7.72
18.
Virginia
499
7.05
19.
558
6.93
20.
Connecticut
227
6.78
21.
Pennsylvania
796
6.48
22.
Indiana
394
6.48
23.
New Mexico
117
6.45
24.
Montana
56
6.22
25.
Ohio
696
6.14
26.
South Carolina
235
5.86
27.
283
5.28
28.
New Hampshire
65
5.26
29.
Massachusetts
326
5.13
30.
Vermont
31
5.09
31.
New York
925
4.87
32.
Louisiana
216
4.84
33.
Michigan
463
4.66
34.
Texas
946
4.54
35.
22
4.48
36.
Kansas
117
4.35
37.
Kentucky
168
4.16
38.
Oklahoma
136
3.94
39.
Tennessee
223
3.92
40.
Nebraska
65
3.80
41.
New Jersey
307
3.65
42.
Iowa
105
3.59
43.
43
3.38
44.
Alabama
136
3.06
45.
Arkansas
76
2.85
46.
South Dakota
21
2.80
47.
District of Columbia
15
2.65
48.
Mississippi
74
2.61
49.
North Dakota
15
2.34
50.
Alaska
13
2.08
51.
27
1.50

Number of Mortgage and Nonmortgage Loan Brokers by Number of Employees
(Data for Entire United States)

Range
Number of Employees
1 to 4
15651
5 to 9
3539
10 to 19
1900
20 to 49
896
50 to 99
218
100 to 249
92
250 to 499
25
500 to 999
7
1000 or more
4

More Businesses:
All Other Nondepository Credit Intermediation   |  Financial Transactions Processing, Reserve, and Clearinghouse Activities

 

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