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is a license needed to do loan mods in texas

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idoming Joined: 05 Jan 2010 Posts: 1 1.24 Dollars($)	Posted: Tue Jan 05, 2010 11:26 am    Post subject: is a license needed to do loan mods in texas Like 0 Dislike 0 i live in texas, i am looking at getting into loan mods. is a license needed? are there any regulations?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Tue Jan 05, 2010 10:36 pm    Post subject: Like 0 Dislike 0 Hi idoming! Welcome to forums! As far as I know, most of the states require that a person working as a modification consultant should have a mortgage broker license or should be an attorney. In order to find out the requirements of your state, you should contact the mortgage broker regulatory body. They'll help you know whether or not you need a license to modify loans. Feel free to ask if you've further queries. Sussane

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