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Become A Mortgage Broker In Ohio
Posted to: Mortgage License Information
Thursday, September 04, 2008 4:26 PM
Article Summary : This article will help anyone looking for information pertaining to a mortgage license in the state of Ohio or anyone looking to become a mortgage broker in Ohio. The Financial Institutions Division of the Ohio Department of Commerce , handles all supervision, examinations and regulatory activities for Mortgage Brokers under the Ohio Mortgage Broker Act (OMBA). Mortgage Brokers are roughly defined as those who hold themselves out as being able to assist a buyer in obtaining a mortgage loan and receive compensation for doing so. In Ohio, an Operations Manager is the individual responsible for the everyday operations, compliance requirements, and management of a Mortgage Broker business. Applicants who wish to become a Mortgage Broker in Ohio pay a non-refundable application...
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