The California Department of Real Estate (the DRE) is authorized to request background information from all applicants seeking the issuance of a license to practice real estate activity requiring a license in this state. […]
The definition of a mortgage loan originator (MLO): Mortgage loan originator means an individual who for compensation or gain in expectation of compensation or takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan. A residential mortgage loan is defined as a loan for personal, family, or household […]
Mortgage loan origination activity by a Department of Real Estate Licensee – whether a real estate broker or real estate salesperson – requires that the license holder apply to the DRE for an MLO ENDORSEMENT to the license that allows the licensee to engage in Mortgage Loan Origination Activity. […]
The title of “Broker Associate” is now clearly defined in the CA Business and Professions Code: 10015.3. “Broker associate” means a broker retained by a responsible broker who has authority to provide services requiring a real estate license on behalf of the responsible broker. The Department of Real Estate allows a broker associate to […]
Are you thinking about applying for a real estate salesperson license in California? If so, review these tips below. […]
