Unlike many other States, Colorado doesn't prohibit a mortgage professional from working for more than one employer at a time. However, the law does specifically prohibit "...representing a mortgage company other than the licensee's employer without the express knowledge and consent of the employer." www.dora.state.co.us
Ohio law clearly states that a mortgage professional
cannot work for multiple mortgage companies at the same time. www.com.state.oh.us
New York also clearly states that a mortgage broker cannot work for more than one mortgage company at a time. www.banking.state.ny.us
You can find the mortgage lending guidelines in your state by googling "the state" followed by "mortgage lending guidelines" ex. Colorado Mortgage Lending Guidelines
Answer Submitted on Fri, Nov 28 2008
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