Yes: in Florida, mortgage loan officers need a state license issued by the Florida Office of Financial Regulation (OFR). You can check a name yourself on NMLS Consumer Access (OFR Verify a License page points here).
Mortgage loan officers in Florida: what buyers ask
What first-time buyer programs does Florida offer?
In Florida, Florida Housing's Hometown Heroes gives eligible workers 5% of the loan amount, from $10,000 to $35,000, and FL Assist gives up to $10,000, both as 0% deferred loans. In Miami-Dade, the county adds up to $35,000 and the City of Miami offers up to $130,002.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · Florida Office of Financial Regulation (OFR)
- Titles you will see: Loan originator (licensed), Registered loan originator (bank or credit union)
- Check a name yourself: NMLS Consumer Access (OFR Verify a License page points here) (we could not open this search page ourselves)
The 10 sectors of Miami
ZIP 33125 · ZIP 33133 · ZIP 33135 · ZIP 33130 · ZIP 33145 · ZIP 33137 · ZIP 33127 · ZIP 33131 · ZIP 33132 · ZIP 33136