michigan real estate: Mortgage Lenders required to be licensed
- 04/28/09 08:37 AM
I was just reading an article from the MAR ( Michigan Association of Realtors). The Stae of Michigan are requiring Loan Officers to be licensed. I think this is a good idea. Now i don't know how much education a Loan Officer has to have before getting licensed. I feel it may cut down on all the horror stories about mortgage fraud and schemes. There is a website www.michigan.gov where you can see whether or not if you loan officer is registered or not. Again, I don't the requirements or the amount of education that's required, perhaps a loan officer that's … (7 comments)
I was just reading an article from the MAR ( Michigan Association of Realtors). The Stae of Michigan are requiring Loan Officers to be licensed. I think this is a good idea. Now i don't know how much education a Loan Officer has to have before getting licensed. I feel it may cut down on all the horror stories about mortgage fraud and schemes. There is a website www.michigan.gov where you can see whether or not if you loan officer is registered or not. Again, I don't the requirements or the amount of education that's required, perhaps a loan officer that's … (7 comments)
;)
;)
