Yes: in Pennsylvania, mortgage loan officers need a state license issued by the Pennsylvania Department of Banking and Securities. You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Pennsylvania: what buyers ask
What first-time buyer programs does Pennsylvania offer?
In Pennsylvania, the Pennsylvania Housing Finance Agency (PHFA) offers a Keystone Advantage Assistance loan of up to 4% of the price or $6,000, whichever is less, and a K-FIT loan of 5% of the price or value forgiven over ten 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 · Pennsylvania Department of Banking and Securities
- 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 Philadelphia
ZIP 19124 · ZIP 19120 · ZIP 19111 · ZIP 19143 · ZIP 19149 · ZIP 19104 · ZIP 19134 · ZIP 19140 · ZIP 19144 · ZIP 19148