2007-06-25 13:49:48 · 6 answers · asked by debi_j_m1955 1 in Business & Finance ➔ Renting & Real Estate
Ask the broker to show you their license.
2007-06-25 14:55:56 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Very few states require individual loan officers to be licensed. It's not like real estate agents, not yet at least. The lending and banking industries are different from a real estate brokerage.
But, those companies require licenses, except for banks, who are generally exempt (part of standard business practices in almost all areas).
All companies have to have the license available to see at their location. They might even be required to present a copy upon request, but that might be a stretch.
Most states have online lookups for real estate and mortgage licenses. Check their state commerce or real estate department websites.
2007-06-25 17:01:25 · answer #2 · answered by Yanswersmonitorsarenazis 5 · 0⤊ 0⤋
Each state has a State Banking Department ,or Department of Real Estate where you can search this information on the internet. Each mortgage company should have license number ask the loan officer for their license number.
2007-06-25 16:15:59 · answer #3 · answered by mateomortgage.com 2 · 0⤊ 0⤋
Almost all states have an internet data base in each of the licensing department in where you can search for names to see if they possess a license in that particular industry. Start your search by going to your state's financial institutions division
2007-06-25 13:55:00 · answer #4 · answered by newmexicorealestateforms 6 · 0⤊ 0⤋
Depends on the State of the business.
In California, the Department of Real Estate.
2007-06-25 15:03:15 · answer #5 · answered by yahweh550 4 · 0⤊ 0⤋
Asking them would be a good way. Checking with the County courthouse another way. They have to be registered and licensed.
2007-06-26 00:55:25 · answer #6 · answered by cowboydoc 7 · 0⤊ 0⤋