How to start a mortgage lending company?

[Neerav Mehta]

I am Neerav. I am a software engineer and run a software services company. I live in Bay Area. Most of my friends are software engineers.

I have realized (but have not proved quantitatively) that giving a mortgage to software developers is less risky because they are in super high demand. This demand is only expected to increase in future. This means that in theory, it's possible to give them a lower rate for their primary home.

What I don't know is how this works out in real life. How do I start a mortgage lending business? What are the licensing and capital requirements? How do I make sure that if I provide a loan to a software developer at a particular rate, Fannie Mae / Freddie Mac will buy it?

Thanks in advance!