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Blue Water Mortgage Corporation, a mortgage broker serving Massachusetts, New Hampshire, Maine and Connecticut, is pleased to announce they are now. The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) established requirements for the licensing and registration of all Mortgage Loan Originators (MLOs.)
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In Florida, a mortgage broker, mortgage lender, and mortgage servicer license applicant needs a principal loan originator. florida requires completion of a 20 hour Federal and 2 hour FL education course and a passing grade on the National/UST NMLS Test to obtain a Loan Originator License.
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