Transcription of GA Mortgage Loan Originator License New Application ...
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GA Mortgage Loan Originator License New Application ...
GA Mortgage loan Originator License New Application Checklist (Individual). CHECKLIST SECTIONS. General Information Prerequisites License Fees Requirements Completed in NMLS. Required Document Uploads in NMLS. GENERAL INFORMATION. Who Is Required to Have This License ? Pursuant to the Georgia Residential Mortgage Act (GRMA), located in the Official Code of Georgia Annotated ( ). 7-1-1000 et. seq.), it is prohibited for any person to transact business in the state of Georgia directly or indirectly as a Mortgage loan Originator ( MLO ) unless the individual is licensed by the Georgia Department of Banking and Finance ( Department ), qualifies to operate under the temporary authority provisions of 12 5117, or qualifies for an exemption.
Updated 11/12/2019 Page 4 of 6 PREREQUISITES - These items must be completed prior to the submission of your Individual Form (MU4). GA Mortgage Loan Originator License Submitted via… Pre-licensure Education: Prior to submission of the application, complete at least 20 hours of NMLS-approved pre-licensure education (PE) courses. Follow the instructions in the Course Completion …
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