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Effective
04/02/2009
Colorado
Mortgage Brokers
Real Estate Division
Department of Regulatory Agencies
1560 Broadway Ste
925,
Denver CO 80202
Ph: (303) 894-5953
Fax: (303) 866-5691
E-Mail: uccc@state.co.us
Loan Officers must be licensed, effective
1/1/08.
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Colorado Requires 40 Hours of
initial education and the successful completion of a 2 part
pre-licensing exam. |
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New Loan Officer On-Line Training
Program - Skills based training to supplement your compliance
training. Qualify like a pro!. Great for new loan
mod agents, too. |
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Colorado
Mortgage Lending Law Blog |
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3/2/2009
- Mortgage Brokers also licensed as Real Estate Brokers must provide
Dual Status Disclosure within 3 business days of application.
1/1/08 Mortgage Loan
officer License Required. Supervised Lenders and table-funding brokers
must be licensed. Fees increased by $50 for lenders and $150 for branches
effective 12/22/07. 12/17/2007 - An unlicensed individual may receive a
temporary mortgage broker license under the Mortgage Broker Licensing
Act upon proper submission of an application for a broker license.
Temporary licenses will remain in effect for up to 120 days after
completion of the mortgage broker license application. Only licensed
mortgage brokers may hire mortgage brokers who hold temporary licenses.
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