Read this before originating “out-of-state”
loans. Submit required paperwork before
originating loans. Do not originate loans
in states where Diablo Funding Group,
Inc. is not licensed.
| Alaska |
No licensing requirements. |
| Arizona |
Loan originators must
be W-2. |
| California |
All California loan
originators must have a valid California
Department of Real Estate license
(DRE). |
| Colorado |
No licensing requirements.
|
| Florida |
You must be a W-2 employee
and meet educational requirements.
|
| Hawaii |
Exception: Loan originators
can do loans for borrowers who are
NOT residents of Hawaii. |
| Idaho |
Loan originators must
be individually licensed in Idaho.
|
| Illinois |
Loan originators must
be individually licensed in Illinois.
|
| Kansas |
Loan originators must
register with the State of Kansas
to do loans. |
| Missouri |
Loan originators must
be W-2 employees. |
| Nevada |
If your office is outside
Nevada the loan must be funded by
BBC wholesale. |
| New Mexico |
Loan originators must
be W-2 employees. |
| Oregon |
Loan originators must
be individually registered in Oregon,
undergo a background check and complete
the educational requirements. |
| Texas |
FIRST MORTGAGES ONLY.
Loan originators must be W-2 employees
and must fill out the Texas Loan Originator
Sign-Up Form. |
| Utah |
Loan originators must
be individually licensed in Utah.
|
| Washington |
We are exempt from licensing
in Washington. |
