Florida Mortgage Loan Originator License Instructions (Page 3 of 3) in pdf

agency’s or creditor’s records custodian.

9. Total license costs is $320.25 which includes:

a. $195 Florida application fee

b. $20 Florida guaranty fund fee

c. $30 NMLS processing fee

d. $36.25 Federal criminal background check

e. $24 State criminal background check (Florida) – paid to the service provider

f. $15 Credit Report fee

10. All fees collected through the NMLS ARE NOT REFUNDABLE

11. Other Information – Loan processors:

A licensed loan originator who acts solely as a loan processor and contracts with more than one

mortgage broker or mortgage lender, or either simultaneously must file with the Office of Financial

Regulation a Declaration of Intent to Engage Solely in Loan Processing, Form OFR-494-13.

A person who seeks to act solely as a loan processor shall:

(a) Be licensed as a loan originator under Chapter 494, F.S., and must at all times thereafter remain

licensed; and

(b) Submit a completed Form OFR-494-13 (Declaration of Intent to Engage Solely in Loan

Processing) to the Office of Financial Regulation at the address below.

A person who currently has on file with the Office of Financial Regulation a Declaration of

Intent to Engage Solely in Loan Processing may withdraw the declaration by filing Form OFR-

494-13 (Declaration of Intent to Engage Solely in Loan Processing) with the Office of Financial

Regulation indicating on the form the person’s intent to withdraw the declaration.

For U.S. Postal Service:

For Overnight Delivery:

Division of Finance

Bureau of Regulatory Review

200 East Gaines Street

Tallahassee, FL 32399-0376

WHO TO CONTACT – Contact Bureau of Regulatory Review - Finance licensing staff by phone at 850-

410-9895 for additional assistance.

THE APPLICANT/LICENSEE IS FULLY RESPONSIBLE FOR ALL OF THE REQUIREMENTS OF THE

LICENSE FOR WHICH THEY ARE APPLYING. THE JURISDICTION SPECIFIC REQUIREMENTS

CONTAINED HEREIN DO NOT CONSTITUTE LEGAL ADVICE, AND ARE ONLY PROVIDED FOR GUIDANCE

TO FACILITATE APPLICATION THROUGH THE NMLS. SHOULD YOU HAVE QUESTIONS, PLEASE

CONSULT LEGAL COUNSEL.

YOU ARE NOT AUTHORIZED TO ENGAGE IN FLORIDA REGULATED MORTGAGE ORIGINATION

ACTIVITIES UNTIL YOU HAVE BEEN GRANTED A LICENSE ISSUED BY THE FLORIDA OFFICE OF

FINANCIAL REGULATION.

Florida Mortgage Loan Originator License Instructions Page 3