
Recovery Fund Claim Form SPANISH Sml Texas
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People also ask
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What is Texas SML license?
In the state of Texas, under the Texas Department of Savings and Mortgage Lending (SML), mortgage loan originators are required to: Complete a Criminal Background Check (CBC). Authorize a credit report through the NMLS. Fulfill all state and federal education requirements as designated by your state agency.
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Do I need a Texas OCCC or SML license?
“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705.
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What is an OCCC license in Texas?
The OCCC licenses and regulates non-depository lenders in the state of Texas. Select an industry below for more regarding the industry & license application requirements. Commercial Motor Vehicle Sales Finance. Crafted Precious Metals Dealers. Credit Access Businesses.
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What is the difference between Texas OCCC and Texas SML?
Texas Education Requirements: Texas has two licensing authorities: the OCCC and the SML. The OCCC requires 20 hours of pre-license education. The SML requires 23 hours and must include a 3-hour Texas state-specific elective. TX-SML does not accept any other agency-specific education for the 12 hours of electives.
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What licensing is required for mortgage lenders in Texas?
To become a Texas-licensed MLO you'll need to complete the required 20-hour NMLS S.A.F.E pre-licensing course along with any additional course work required by either of Texas state licensing agencies: The Texas Office of Consumer Credit Commissioner (OCCC) or The Texas Department of Savings and Mortgage Lending (SML).
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