CALIFORNIA REAL ESTATE BROKER LICENSE ENDORSEMENT - mortgage nationwidelicensingsystem 2025

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As a licensed real estate broker, you may engage in mortgage brokering without any additional license.
Q. As a broker-associate, can I work for multiple real estate brokers? A. Yes, a broker-associate can work in the capacity of a salesperson for another broker or brokers while also working as an independent broker as long as this activity is permitted under the affiliation agreement signed by the applicable parties.
Its challenging, but not impossible. With proper preparation and hard work, an NMLS license is obtainable. While its possible to pass the test on your first try (and we do all we can to help you do so), theres no shame in taking a few attempts to pass.
The Nationwide Mortgage Licensing System (NMLS) was established in 2008 to regulate mortgage loan originators and prevent predatory lending practices. It offers a standardized database and tracking system for MLOs used by both state agencies and federally regulated institutions.
To obtain a MLO license endorsement, a new application and appropriate fees must be filed again. An applicant for an Individual MLO license endorsement must also authorize a new credit report, submit new fingerprints for a criminal background check, and complete the appropriate NMLS continuing education.
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People also ask

Yes in CA, you can be a Broker and do RE transactions and mortgages within your brokerage. You would be getting a MLO endorsement license in addition to your brokers license.
All applicants requesting a Mortgage Loan Originator (MLO) license endorsement from the Department of Real Estate (DRE) must hold a current DRE real estate license. The real estate license must be issued by DRE prior to submitting a MLO license endorsement request through NMLS.
With the right education, testing, and licensure, most professionals from either industry can offer a streamlined, one-stop-shop experience by becoming both a real estate agent and Mortgage Loan Officer.

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