Yes: in Wisconsin, mortgage loan officers need a state license issued by the Wisconsin Department of Financial Institutions (DFI). You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Wisconsin: what buyers ask
What first-time buyer programs does Wisconsin offer?
In Wisconsin, the Wisconsin Housing and Economic Development Authority (WHEDA) pairs a first mortgage with a second loan of up to 6% of the price (Easy Close).
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 · Wisconsin Department of Financial Institutions (DFI)
- 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 Milwaukee
ZIP 53215 · ZIP 53209 · ZIP 53218 · ZIP 53204 · ZIP 53221 · ZIP 53219 · ZIP 53207 · ZIP 53216 · ZIP 53212 · ZIP 53223