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  2. Nationwide Multi-State Licensing System and Registry

    en.wikipedia.org/wiki/Nationwide_Multi-State...

    The Nationwide Multi-State Licensing System and Registry (NMLS) (originally the Nationwide Mortgage Licensing System) is the system of record for non-depository, financial services licensing or registration in participating state agencies, including the District of Columbia and U.S. Territories of Puerto Rico, the U.S. Virgin Islands, and Guam ...

  3. Mortgage loan originators: What are they and what do ... - AOL

    www.aol.com/finance/mortgage-loan-originators...

    How much are mortgage origination fees? A mortgage origination fee is a lender’s charge you pay at closing to cover the cost of initiating, processing and funding your home loan. In general, you ...

  4. Mortgage broker - Wikipedia

    en.wikipedia.org/wiki/Mortgage_broker

    The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.

  5. Loan officer - Wikipedia

    en.wikipedia.org/wiki/Loan_officer

    Mortgage loan officers in the United States must have a Mortgage Loan Originator (MLO) license. To become licensed, they must complete at least 20 hours of coursework, pass an exam, and submit to background and credit checks. Licenses must be renewed annually, and individual states may have additional requirements. [3]

  6. How to get a mortgage - AOL

    www.aol.com/finance/mortgage-180956822.html

    FHA loans: FHA loans, insured by the Federal Housing Agency (FHA), have more flexible financial requirements than conventional loans. They require a 3.5 percent down payment, a credit score of at ...

  7. Real estate license - Wikipedia

    en.wikipedia.org/wiki/Real_estate_license

    A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...

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