Applications and Background Disclosure Information: What Must You Report When Applying for a Real Estate License?

Applicants seeking licensure as a California real estate salesperson or a real estate broker are required to answer the four (4) background questions that appear below under penalty of perjury. Many applicants fail to fully understand the scope of information that each question covers. Others believe that if the background events in questions occurred more […]

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How to Remove Prior License Discipline From Your DRE License Profile

  Right now, in the midst of a great deal of uncertainty, many real estate professionals are taking time to create innovative new business plans. Others are evaluating new ways to streamline their brokerages into lean, mean, profit-making machines. All of these actions make sense right now. But, if you still have not taken care […]

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Who Needs an MLO Endorsement or MLO License When Engaging in Loan Origination Activity in California?

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 use […]

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Background Checks for Licensing as a Mortgage Loan Originator in California

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 alternative to the DRE endorsement […]

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