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Lender Licensing

By
Mortgage and Lending with Zenith Mortgage Advisors NMLS# 5016

There has been a push lately to have loan officers licensed in the states they do business in.  I think this would be a great new law. You need a license to fish, why not require a license to help people make one of the single largest financial decisions of their lives? 

 That being said, does anyone feel there would be a distinct marketing advantage, or referral comfort level if the lender who was getting business was licensed?  I'm not sure that anyone cares, and if someone were licensed and I was not, I think I could sell around it.  What do you think?  Am I mistaken?