Ind. Code § 23-2.5-4-3
Mortgage loan originator license application requirements
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2025
As of January 1, 2023
Sec. 3. (a) An application for issuance or renewal of a mortgage loan originator license must be made on a form prescribed by the commissioner.
Sec. 3. (a) An application for issuance or renewal of a mortgage loan originator license must be made on a form prescribed by the commissioner.
(b) An application under subsection (a) must include the following information for the individual who seeks to be licensed as a mortgage loan originator:
(b) An application under subsection (a) must include the following information for the individual who seeks to be licensed as a mortgage loan originator:
(1) The name of the individual.
(1) The name of the individual.
(2) The home address of the individual.
(2) The home address of the individual.
(3) The home telephone number of the individual.
(3) The home telephone number of the individual.
(4) The individual's Social Security number and date of birth.
(4) The individual's Social Security number and date of birth.
(5) The name of the:
(A) loan broker; or
(B) applicant for a loan broker license;
for whom the individual will act as a mortgage loan originator.
(5) The name of the:
(A) loan broker; or
(B) applicant for a loan broker license;
for whom the individual will act as a mortgage loan originator.
(6) Consent to service of process under section 9 of this chapter.
(6) Consent to service of process under section 9 of this chapter.
(7) Evidence that the individual has completed the education requirements described in IC 23-2.5-6.
(7) Evidence that the individual has completed the education requirements described in IC 23-2.5-6.
(8) An affidavit completed in the manner prescribed by the commissioner stating the address of each location where the individual intends to habitually or repeatedly conduct mortgage loan origination activities.
(8) An affidavit completed in the manner prescribed by the commissioner stating the address of each location where the individual intends to habitually or repeatedly conduct mortgage loan origination activities.
(9) An application fee of fifty dollars ($50).
(9) An application fee of fifty dollars ($50).
(10) All: (A) registration numbers previously issued to the individual under IC 23-2-5, if the applicant was registered as an originator or a principal manager under IC 23-2-5 before its repeal on July 1, 2019; and (B) license numbers previously issued to the individual under IC 23-2-5 (before its repeal) or this article.
(10) All: (A) registration numbers previously issued to the individual under IC 23-2-5, if the applicant was registered as an originator under IC 23-2-5 before its repeal on July 1, 2019; and (B) license numbers previously issued to the individual under IC 23-2-5 (before its repeal) or this article.
(11) An indication as to whether the mortgage loan originator is the branch manager of a loan broker office and the address of the loan broker office.
(11) An indication as to whether the mortgage loan originator is the branch manager of a loan broker office and the address of the loan broker office.
(12) Written authorization for the commissioner or an agent of the commissioner to obtain a consumer report (as defined in IC 24-5-24-2) concerning the individual.
(12) Written authorization for the commissioner or an agent of the commissioner to obtain a consumer report (as defined in IC 24-5-24-2) concerning the individual.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.