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Is a loan officer eligible to get their LO license if they are making payments on a federal income tax lien that shows up on their credit report?

April 26, 2017credit report eligible federal income tax license lien LO loan officer PAYMENTS

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Is a loan officer eligible to get their LO license if they are making payments on a federal income tax lien that shows up on their credit report?

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The Commissioner is taking a very realistic approach to potential credit issues a LO might have had in the past. A pattern of behavior will present a problem, but isolated situations will not preclude the issuance of a license.