Results 1 to 3 of 3
  1. #1
    Join Date
    Aug 2017
    Posts
    2

    Default Can You Get a Mortgage Loan Originator (MLO) License With a Misdemeanor Record

    My question involves real estate located in the State of: Florida

    I recently applied for my license as an MLO in the State of Florida... 25 years ago I paid a $50 fine for a bounced check... Long story but it involved me moving out of the State of SC and not knowing it had not cleared... I paid it and now I am worried that my license will be denied because of this... It seems pretty small considering... I plead guilty and paid the minimum fine... There wasn't even restitution because it was so small... Any advice?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Can You Get a Mortgage Loan Originator (MLO) License With a Misdemeanor Record

    As the offense involves both a financial element and an honesty element, it could be an issue for you. It works in your favor that it's from 25 years ago.

  3. #3
    Join Date
    Aug 2017
    Posts
    2

    Default Re: Can You Get a Mortgage Loan Originator (MLO) License With a Misdemeanor Record

    Most of the states refer to "felony" frauds as a knock out for licensing... The SAFE Act states felony... Is there any way to fix it?

    1. Sponsored Links
       

Similar Threads

  1. Application & Eligibility: Can You Get a Real Estate License With a Misdemeanor Theft Record
    By rich1155 in forum Professional Licenses
    Replies: 1
    Last Post: 09-19-2015, 06:14 AM
  2. Application & Eligibility: Can You Get a Real Estate License With a Misdemeanor Criminal Record
    By reefrash1043 in forum Professional Licenses
    Replies: 1
    Last Post: 05-21-2015, 08:13 AM
  3. Estate Assets and Debts: How to Proceed with Probate Without Having Mortgage Loan to Pay Off Reverse Mortgage
    By paklein58 in forum Estate Planning, Administration and Probate
    Replies: 1
    Last Post: 02-11-2011, 12:52 PM
  4. Criminal Records: Misdemeanor Record from Fishing Without a License
    By Tony1234 in forum Criminal Records
    Replies: 1
    Last Post: 05-16-2009, 09:08 AM
  5. Chapter 7: Car Loan Taken with Second Mortgage
    By Helen L in forum Bankruptcy Law
    Replies: 3
    Last Post: 10-08-2008, 07:52 PM
 
 
Sponsored Links

Legal Help, Information and Resources