ComplianceMadeSi
27 Posts |
Posted - 11/05/2009 : 06:23:06 AM
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Loan Originator Licensing changes:
Under the SAFE Act a number of jurisdictions now require, or will require, mortgage loan originator licensees to include their unique, Nationwide Mortgage Licensing System identifier on any marketing materials, including business cards, and on certain loan documents, such as the loan application.
Also, your credit score will matter. You will not be eligible for licensure in many states with low credit scores, regardless of how long you've been in the industry.
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