Go to previous versions
of
this Section
2023 Revised Code of Washington
Title 31 - Miscellaneous Loan Agencies
Chapter 31.04 - Consumer Loan Act.
31.04.227 - Mortgage loan origination—Independent contractors.
Universal Citation: WA Rev Code § 31.04.227 (2023)
RCW 31.04.227
Mortgage loan origination—Independent contractors.
An independent contractor may not engage in residential mortgage loan origination activities as a loan processor unless the independent contractor obtains and maintains a license under this chapter. Each independent contractor *loan processor licensed as a mortgage loan originator must have and maintain a valid unique identifier issued by the nationwide mortgage licensing system **and registry.
[ 2009 c 120 § 12.]
NOTES:
Reviser's note: *(1) The term "loan processor" was changed to "loan processor or underwriter" by 2013 c 29 § 1.
**(2) The term "and registry" was removed by 2013 c 29 § 1.
Findings—Declaration—2009 c 120: See note following RCW 31.04.015.
Disclaimer: These codes may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.