What are the qualifications for a mortgage originator license?
In general, applicants must have at least 3 years of experience in the mortgage lending business and have completed any required courses for continuing education as mandated by COMAR.09.03.06.17 or have completed 40 hours of classroom education and pass a written examination. Applicants must also undergo criminal background checks, pay various fees, and meet other requirements under FI ยง 11-605.