Basic difference between an Unlicensed Bank Loan Officer & a Licensed Mortgage Originator

Taken from the Idaho Dept. of Finance website:

The applicant has demonstrated financial responsibility, character and general fitness sufficient to command a determination that the mortgage loan originator will operate honestly, fairly, and efficiently within the purposes of this part.  For purposes of this section, a license applicant is not financially responsible if he has shown a disregard for the management of his personal financial affairs.