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  • Residential Mortgage Loan Originator Disclosure: Texas - Interbank

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Residential Mortgage Loan Originator Disclosure: Texas Residential Mortgage Loan Originator Company Name: License Number: Company Street Address: City: State: Zip Code: Disclosure Statement The information.

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How To Get Your Mortgage License (MLO) In Texas. In almost all cases, Mortgage Loan Originator (MLO) Candidates require 20 hours of training. An exception is an additional 3 hours of state specific law training for Texas Licensees licensed under the SML (Texas Department of Savings and Mortgage Lending).

Texas OCCC supervises the following: Property Tax Lender License. Property Tax Lender Branch License. Mortgage Loan Originator License.

There is the DRE NMLS LO Endorsement issued by the Bureau of Real Estate, and there is the DFPI LO License issued by the Department of Business Oversight. The DRE NMLS LO Endorsement is used by loan originators working for DRE companies. The DFPI LO License is used by loan originators working for CFL or CRML companies.

A mortgage processor, also known as a mortgage loan originator or loan processor, sets up the borrower with the proper documents for the loan program they want to use. They guide the borrower through the first step of loan processing.

TX-OCCC License Overview The TX-OCCC License is required for individuals who for compensation or gain or in the expectation of compensation or gain, take a residential mortgage loan application or offer or negotiates terms of a residential mortgage loan.

The SAFE Act requires state-licensed Mortgage Loan Originators (MLOs) to pass a written qualified test which covers federal and state law, to complete pre-licensure education courses, and to take annual continuing education courses.

Texas Education Requirements: Texas has two licensing authorities: the OCCC and the SML. The OCCC requires 20 hours of pre-license education. The SML requires 23 hours and must include a 3-hour Texas state-specific elective. TX-SML does not accept any other agency-specific education for the 12 hours of electives.

Texas Education Requirements: Texas has two licensing authorities: the OCCC and the SML. The OCCC requires 20 hours of pre-license education. The SML requires 23 hours and must include a 3-hour Texas state-specific elective. TX-SML does not accept any other agency-specific education for the 12 hours of electives.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232