 |
Disclaimer |
 |
|
| Disclaimer: The information provided in this site is not legal advice, but general information on audit, compliance and legal issues commonly encountered by Mortgage Companies. Greenlight Compliance's Service is not a law firm and is not a substitute for an attorney or law firm. Greenlight Compliance cannot provide legal advice and can only provide self-help services at your specific direction |
|
| More
> |
|
 |
|
 |
|
Physical In-State Office Requirements |
Certain states require out-of-state mortgage
brokers and mortgage lenders to maintain a
physical location within their state. Greenlight
Compliance & Licensing provides assistance
in fulfilling this statutory requirement.
We maintain a database of office locations
and work regularly with property managers
who understand the needs of out-of-state mortgage
companies. |
Responsible Individuals and Principal Representatives |
Certain States require a key in-state individual in order to obtain and maintain their state lender and broker licenses. Florida refers
to this individual as a “Principal Representative”
or a “Mortgage Broker”. Arizona
uses the term, “Responsible Individual.”
Whether you are this person or have hired this person, we
have solutions available for you to implement internal quality control requirements for these individuals. |
| |
Please contact us at (877) 425-4258 to
obtain further information. |
|
|
|
|
