Posted on: 16th Jun, 2009 01:39 pm
How would someone who has been in non mortgage commercial lending for 30 years get into the mortgage business in Dallas, TX as a loan officer / originator?
Hi
You be required to pass an examination to qualify as a loan officer in the state of Texas. Your knowledge of both federal and state brokering regulations and statutes will be checked through the examination. On passing, you can apply for a license which is issued by the Department of Savings and Mortgage Lending, Texas. You have to submit an application, along with fees and other necessary documents, to obtain the license. To get more information on licensing requirements, application forms etc, you can refer to the following site:
http://www.sml.state.tx.us/ResidentialMortgageLoanOriginator/rmlo_licensing_registration.html
You be required to pass an examination to qualify as a loan officer in the state of Texas. Your knowledge of both federal and state brokering regulations and statutes will be checked through the examination. On passing, you can apply for a license which is issued by the Department of Savings and Mortgage Lending, Texas. You have to submit an application, along with fees and other necessary documents, to obtain the license. To get more information on licensing requirements, application forms etc, you can refer to the following site:
http://www.sml.state.tx.us/ResidentialMortgageLoanOriginator/rmlo_licensing_registration.html