State of california mortgage broker license


















To obtain a real estate broker license, you must first qualify for and pass a written examination. Those who pass the examination are provided a license application which must be submitted to and approved by the DRE. Applicants for a real estate broker license examination must have successfully completed the following eight statutorily required college-level courses:. Are there any reporting requirements for each license?

Is there any Continuing Education Required? CFLL — Nope. DRE — Yes. Is there a Fiduciary Duty that is owed with this license? Are there audits by the regulators of my loans and operations? CFLL — Systematic. Every three years. DRE — Random or based on complaints. But they are typically very adversarial. Is a license required to solicit borrowers? CFLL — You either need to be licensed or a w2 employee.

Penalty fees can apply for failure to submit this required notification. Statewide search:. Search this site:. Home Consumers Verify a License Find a real estate agent or broker. The complaint process, DRE's jurisdiction, and how to file a complaint. Verify a License Find a real estate agent or broker. View disciplinary actions taken against licensees and individuals for violations of the Real Estate Law.

Last updated: Sep 14, pm. Mortgage Loan Originators. Key Consumer Links.



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