Washington Code 31.04.221 – Mortgage loan originator — License required — Unique identifier required
Current as of: 2023 | Check for updates
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An individual defined as a mortgage loan originator must not engage in the business of a mortgage loan originator without first obtaining and maintaining annually a license under this chapter. Each licensed mortgage loan originator must register with and maintain a valid unique identifier issued by the nationwide mortgage licensing system.
NOTES:
Findings—Declaration—2009 c 120: See note following RCW 31.04.015.
Terms Used In Washington Code 31.04.221
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC