If my company is a wholesale lender or just servicing loans only and has no contact with Maine consumers, do I need to register any loan officers?
If your company has any employees that work with Maine loans applicants, even indirectly, then your company does need to register these employees. However, since most wholesale lenders or servicers are not working with applicants (rather, they are working with existing customers), it is not necessary to register those employees who service existing loans. How do I register my loan officers? This is an online process that can be done manually with each loan officer. The website is www.credit.maine.gov. The link is found under “Register Online “. The system will prompt you to fill in information about yourself (that is, the person entering the information), your company’s license number and FEIN.
Related Questions
- can a flood zone certification company examine a lenders existing loan portfolio for free or at a reduced rate, in exchange for the lender sending the company future business?
- If my company is a wholesale lender or just servicing loans only and has no contact with Maine consumers, do I need to register any loan officers?
- How can I obtain more information about Direct Loans or contact Direct Loan Customer Service?
