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HELP! NOt actually starting a business but...

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L

LoanOfficer

Guest
I am in Florida and I am looking in to being a loan officer from my home for a mortgage broker! Do I need a Mortgage Brokers Liscense to do so? I will have a copy of their liscense to do business in Florida. I AM an employee of the company, but will be originating and processing loans.

Please help me!!!!:confused:
 


L

loku

Guest
The following Florida statue applies. I suggest you see it yourself at http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=Ch0494/Sec006.htm.
Florida Statutes Title XXXIII Sec. 494.006 Exemptions.—(from requirement of having a license)
(1) None of the following persons are subject to the requirements of ss. 494.006-494.0077 in order to act as a mortgage lender or correspondent mortgage lender:
2)(a) A natural person employed by a mortgage lender licensed under ss. 494.001-494.0077 is exempt from the licensure requirements of ss. 494.001-494.0077 when acting within the scope of employment with the licensee.
 
L

LoanOfficer

Guest
Thanks So Much!

Thank you so much. I searched and searched for information in Florida Statutes and for some reason was unable to find exactly what you found!

I certainly appreciate your help!

I will have to tell others about this place!
 

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