#Mortgage officer california license lookup registration
The Secure and Fair Enforcement for Mortgage Lending Act (SAFE) requires national registration of all Residential Mortgage Loan Originators (RMLO’s) in addition to applicable state licenses. Chapter 351 Property Tax Lenders (if they originate residential property tax loans).Chapter 348 Motor Vehicle Dealers (if they originate retail installment contracts secured by dwellings).Chapter 347 Manufactured Housing Creditors.Chapter 342 Regulated Lenders (if they originate secondary mortgage loans).
To obtain a license from the Office of Consumer Credit Commissioner, you must apply through NMLS.Įntities whose originators must obtain a RMLO license are as follows: Unless you are licensed by the Texas Department of Savings & Mortgage Lending, you can apply through the OCCC for secondary loans and home-equity loans.Įmployees of companies that are licensed with the OCCC and originate mortgage loans are also required to obtain a license from the Office of Consumer Credit Commissioner AND register in the National Mortgage Licensing System- NMLS