Yes: in Missouri, mortgage loan officers need a state license issued by the Missouri Division of Finance. You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Missouri: what buyers ask
What first-time buyer programs does Missouri offer?
In Missouri, the Missouri Housing Development Commission (MHDC) runs First Place and Next Step, which pair a fixed-rate mortgage with a second loan equal to 4% of the mortgage for down payment and closing costs, forgiven after 10 years. In St.
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 · Missouri Division of Finance
- Titles you will see: Mortgage loan originator
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 10 sectors of St. Louis
Central West End · Dutchtown · Tower Grove South · Bevo Mill · Lindenwood Park · Boulevard Heights · Carondelet · St. Louis Hills · North Hampton · Princeton Heights