|FAQ ID # 286|
|Last Update : 2008/10/27
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|Question / Issue|
|I want to become a mortgage broker in Oregon. What are the requirements?|
|Answer / Solution|
Unlike some other states, mortgage brokers and lenders in Oregon are licensed by a different agency than the one that licenses real estate brokers. Please contact the Oregon Department of Consumer and Business Services Division of Finance and Corporate Securities for mortgage broker licensing requirements.
|Department of Consumer and Business Services - Division of Finance and Securities
The Division of Finance and Corporate Securities (DFCS) is part of the Department of Consumer and Business Services (DCBS), Oregon's largest regulatory and consumer protection agency. The division's mission is to encourage the widest possible range of financial services, products, and information for Oregonians; delivered in a safe, sound, equitable, and fraud-free manner.
|I am licensed as a mortgage broker in another state. Do I need a license from the Oregon Real Estate Agency in order to make loans on Oregon properties?|
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