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May an individual accept mortgage loan applications after satisfactorily completing the written licensing examination?

April 26, 2017applications completing individual licensing mortgage loan satisfactorily written

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May an individual accept mortgage loan applications after satisfactorily completing the written licensing examination?

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No. It is unlawful for any person in this State to act as a mortgage broker or mortgage banker, or directly or indirectly to engage in the business of a mortgage broker or a mortgage banker, without first obtaining a license from the Office of Commissioner of Banks.