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1) make or originate a residential mortgage broker licensing loan directed to or received, Who must license for mortgage broker licensing?

This means those who, whether physically located in or around their state:

2) directly or indirectly solicit, place, or negotiate such a mortgage broker licensing loan, or 3) render services related to the origination, or funding of such a mortgage loan, including taking applications, obtaining verifications and appraisals, and communicating with the borrower and lender.  Code §61-2c-102.  Get mortgage licenses - Mortgage Broker License Requirements and learn what it takes to become a mortgage broker in all 50 states including mortgage license requirements and websites to visit for more information. Mortgage Broker License and what is required to get mortgage licenses. Mortgage License Mall mortgage license, mortgage lender banker, home equity loans, home improvement loans, purchase money mortgages, and mortgage refinance.

Every Individual or Entity that is making the switch from broker to banker and does any of the above must be licensed with the Division.  Any person that transacts the business of residential mortgage loans must obtain a license from the Division.  Exempt persons are federal government agencies, state agencies, employees of those agencies, and depository institutions and their mortgage broker licensing affiliates and employees.  Entity mortgage broker licensing is for residential mortgage loan Entities that do not fall under the ‘exempt’ status. ‘Depository Institutions’ are banks, savings and loan associations, credit unions and industrial loan companies.  If an Individual transacts mortgage business by or through an Entity, both Mortgage Broker to Mortgage Banker and Individual and Entity must be licensed.

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Are you still looking for more information on mortgage broker licensing and making the switch from broker to banker? Please feel free to view some of our additional resources:
Mortgage Broker to Mortgage Banker resource # 1
Definitions of mortgage broker licensing