Becoming a Mortgage Broker question

[Jonathan Blandino]

I recently attended my first Flippers event and met a bunch of great people. I spoke with one person who told me to look into becoming a Mortgage Broker. I did some research and interested in a switch career wise. My only concern was looking at the specifics for the state of NJ it ask about having 50k net worth or something to that effect. Wanted to see if anyone knows how crucial this is and what is needed for this assessment? With my school loans and car loans would be hard to balance out that 50k.