Yes: in Ohio, mortgage loan officers need a state license issued by the Ohio Department of Commerce, Division of Financial Institutions. You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Ohio: what buyers ask
What first-time buyer programs does Ohio offer?
In Ohio, the Ohio Housing Finance Agency (OHFA) offers down payment assistance worth 3% of the purchase price on conventional loans and 3.5% on FHA, VA and USDA loans, forgiven after seven years.
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 · Ohio Department of Commerce, Division of Financial Institutions
- 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 Columbus
Greater Hilltop · Mideast · Far East · Greater South East · University · Westland · Far West Side · Northeast · Clintonville · North Linden