Mortgage Loan Officer (MLO)

Required Qualifications

• Must be at least 18 years of age or older.
• The applicant has never had a loan originator license revoked in any governmental jurisdiction.
• Must not have been convicted of, or pled guilty or nolo contendere to, a felony in a domestic, foreign, or military court–
• During the 7-year period preceding the date of the application for licensing and registration; or
• At any time preceding such date of application, if such felony involved an act of fraud, dishonesty, or a breach of trust, or money laundering.
• Must demonstrate financial responsibility, character, and general fitness to determine that the loan originator will operate honestly, fairly, and efficiently within the purposes of this title.
• Holds an active Mortgage Loan Originator license.
• Within the past 5 years, must have at least 3 years active full time licensed lending experience and a minimum of 45 first lien residential mortgages.