See below for DFI’s responses to concerns frequently inquired about Loan Processors.
We are that Loan Processor. Must i’ve that Loan Originator or large financial company permit at the time of 1, 2007 january?
- You simply will not need to installment loans wyoming be certified with DFI beneath the following situations:
- You will be A w2 employee loan Processor for an authorized home loan broker(s). Generally speaking, you have to work from an authorized location (primary or branch workplace). See WAC 208-660-300(14) to find out more.
- You are an employee that is w2 Processor for a loan processing business which has had a home loan broker permit. Generally, you have to work from a licensed location. See WAC 208-660-300(14) to find out more.
- You’ll want a permit with DFI underneath the after scenarios:
- You’ll want that loan originator permit in the event that you act as an unbiased specialist Loan [...]