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Become A Mortgage Broker In Oklahoma
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 Oklahoma or anyone looking to become a mortgage broker in Oklahoma. The Oklahoma Department of Consumer Credit (OKDOCC), www.okdocc.state.ok.us , has investigation and licensing duties over the ?Mortgage Broker Licensure Act? (effective November 1, 1997). Mortgage Brokers are defined as those who hold themselves out as being able to make or assist a person in obtaining or applying to obtain a residential mortgage loan. Even working with one loan requires a person to be licensed as a Mortgage Broker . Applicants who desire to become a Mortgage Broker in Oklahoma pay a $750 application fee, a $150 examination fee, and a $100 initial license fee. The license is valid for one...
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