Loan Originator
LO: Loan Originator – Chapter 494, Florida Statutes: The license is required for an individual who, directly or indirectly, solicits or offers to solicit a mortgage loan , accepts or offers to accept an application for a mortgage loan, negotiates or offers to negotiate the terms or conditions of a new or existing mortgage loan on behalf of a borrower or lender, or negotiates or offers to negotiate the sale of an existing mortgage loan to a non-institutional investor for compensation or gain. The term includes an individual who is required to be licensed as a loan originator under the S.A.F.E. Mortgage Licensing Act of 2008.
The term does not include an employee of a mortgage broker or mortgage lender whose duties are limited to physically handling a completed application form or transmitting a completed application form to a lender on behalf of a prospective borrower.
Application Requirements and License Maintenance
To apply, renew or manage a license, please visit: Nationwide Mortgage Licensing System
Application Requirements
Renewing License
Forms
Licensing Forms
OFR-494-09 - Mortgage Brokerage Deposit Account Form
OFR-494-13 - Declaration of Intent to Engage Solely In Loan Processing
OFR-494-14 – Disciplinary Guidelines for Mortgage Loan Originators and Mortgage Entities
OFR-MIL-001 – Active Military Member/Veteran/Spouse Fee Waiver and Military Service Verification