ML: Mortgage Lender – Chapter 494, Florida Statutes: This license is required for an entity making a mortgage loan for compensation or gain, directly or indirectly, or selling or offering to sell a mortgage loan to a noninstitutional investor.
"Making a mortgage loan" means closing a mortgage loan in a person's name, advancing funds, offering to advance funds, or making a commitment to advance funds to an applicant for a mortgage loan.
Mortgage Lender Servicer: The mortgage lender servicing license is required for any mortgage lender licensee who services a mortgage loan.
"Servicing a mortgage loan" means to receive, cause to be received, or transferred for another, installment payments of principal, interest, or other payments pursuant to a mortgage loan.
The servicing license authorizes a mortgage lender to service a loan for more than 4 months.
MLB: Mortgage Lender Branch – Chapter 494, Florida Statutes: This license is required for mortgage lender licensees who conduct business at locations other than their principal place of business:
Mortgage Lender Servicer Branch: This license is required for mortgage lender servicer licensees who conduct business at locations other than their principal place of business:
All mortgage license applications, amendments and renewal filings must now be filed through Nationwide Mortgage Licensing System and Registry (NMLS).To apply, renew or manage a license, please visit: Nationwide Mortgage Licensing System
OFR-494-09 - Mortgage Brokerage Deposit Account Form
OFR-494-10 - Transaction and Lending Journal
OFR-494-11 - Calculation of Aggregate Value of Mortgage Loans Serviced
OFR-494-12 - Noninstitutional Investor’s Funds Account Form
OFR-494-14 – Disciplinary Guidelines for Mortgage Loan Originators and Mortgage Entities