Search for florida mortgage broker license

The license authorizes the holder to finance the goods or services sold by an installment contract or a revolving charge account to a retail buyer. The license is required if the goods or services are primarily for personal, family or household use.

In addition to the main location license, any subsequent location other than the main office must be filed as a RSB: Retail Installment Seller Branch by way of online. SF: Sales Finance — Chapter Part III, Florida Statutes: The license authorizes any business to purchase retail installment contracts from entities licensed in Florida as motor vehicle installment sellers, retail installment sellers or home improvement finance sellers.

In addition to the main location license, any subsequent location other than the main office must be filed as a SFB: Sales Finance Company Branch by way of Online Services. The license is required for a contractor who repairs, remodels or adds improvements to a single family residence pursuant to a written agreement, and when a mortgage lien on the property is retained as security.

A home improvement contractor may also need a Retail Installment Seller license for contracts on which there is no mortgage taken as security for the loan. In addition to the main location license, any subsequent location other than the main office must be filed as a HIB: Home Improvement Finance Seller Branch by way of online.

Securities Qualification Registration by Intra-State or Merit Review Qualification authorizes the holder to sell or make an offering of securities within this state under Section It is unlawful and a violation of Chapter Securities offered or sold pursuant to a registration statement filed under the Securities Act of with the U.

Securities and Exchange Commission are entitled to registration by Notification pursuant to the requirements of Section TLL: Title Loan Companies: The license authorizes the holder to engage in the business of making or servicing title loans by means of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle, except such loan made by a person licensed under Chapter , Chapter , Chapter , Chapter , Chapter , Chapter , Chapter , Chapter , or Chapter , Florida Statutes or a person who complies with Chapter License Requirements for New Applicants.

Apply for a License. Firm A dealer that is located in Canada, does not have an office or other physical presence in this state, and may effect transactions in securities on a limited basis. Collection Agencies Commercial Collection Agencies COM: Commercial Collection Agencies — Chapter Part V, Florida Statutes: The registration authorizes the holder to collect or solicit collection for commercial claims, asserted to be owed or due to another person, including third party collectors assignee of debts made by commercial business.

Consumer Collection Agencies CCA: Consumer Collection Agencies — Chapter Part VI, Florida Statutes: This registration authorizes the holder to collect or attempt to collect consumer debts, asserted to be owed or due to another person, including third party collectors assignee of debts made by individual consumers. Crowdfunding Intermediary An intermediary is a natural person residing in the state or a corporation, trust, partnership, association, or other legal entity registered with the Secretary of State to do business in the state, which facilitates the offer or sale of securities under Chapter Dealers - FINRA Member Associated Person Associated person of a dealer means any person who for compensation refers, solicits, offers, or negotiates for the purchase or sale of securities.

Branch Office Branch office means any location in this state of a dealer or investment adviser where one or more associated persons regularly conduct the business of rendering investment advice or effecting any transactions in, or inducing or attempting to induce the purchase or sale of any security, or any location that is held out as such. Dealers - NonFINRA Member Associated Person Associated person of a dealer means any person who for compensation refers, solicits, offers, or negotiates for the purchase or sale of securities.

Financial Institutions Commercial Banks Commercial Banks: a corporation that accepts deposits, makes loans, pays checks, and performs related services for the public. Credit Unions Credit Unions: a not-for-profit financial cooperative that makes personal loans and offers other consumer banking services to persons sharing a common bond.

Non-Deposit Trust Companies Non-Deposit Trust Company: a corporation which is engaged as a trustee, fiduciary, or agent for individuals or businesses in the administration of trust funds, estates, custodial arrangements, stock transfer and registration, and other related services. Once you completed the required pre-licensing courses and achieved passing scores on the National and any applicable state required tests, you will be able to apply for your mortgage loan originator license on the NMLS website.

In order to receive your Florida MLO certification, you'll need to provide the following information and pay the associated fees:. Create a Fieldprint account and register for an appointment.

Initiate a criminal background check through your NMLS account. Authorize a credit report via your NMLS account. This sponsorship tells the governing agencies that your employer will be supervising your individual license. A licensed loan originator who acts solely as a loan processor and contracts with more than one mortgage broker or mortgage lender, or either simultaneously must file with the Office of Financial Regulation a Declaration of Intent to Engage Solely in Loan Processing, Form OFR A person who seeks to act solely as a loan processor shall: a Be licensed as a loan originator under Chapter , F.

OnCourse Learning empowers aspiring mortgage loan originators and seasoned mortgage loan officers to take their learning experience to the next level. 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.

Renewal Information. In the state of Florida, mortgage brokers and loan originators are required by law to have a license. A loan originator is a person who solicits, accepts, or negotiates the terms of any mortgage loans and a mortgage broker is a person who conducts mortgage-related activities through a loan originator employed by the broker. You want to verify that the person can legitimately handle your mortgage. Log in Social login does not work in incognito and private browsers.

Please log in with your username or email to continue. No account yet? Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Cookie Settings. Learn why people trust wikiHow. Download Article Explore this Article parts. Related Articles. Co-authored by Clinton M. Part 1. Visit the Florida OFR website. This will connect you directly to the search page. If you do not have internet access, call the Florida OFR at and ask for assistance verifying a mortgage broker's license.

Access the registration search. Provide information about the mortgage broker. Enter the information into the appropriate field, then click on the "Search" button. If you want to retrieve a fewer number of search results, you can enter the mortgage broker's first name, or the name of their business.

You may also perform a search by entering the mortgage broker's license number and indicating "Mortgage Broker" from the drop-down menu next to "License Type.