South Dakota Loan Officer Licensing
December
31, 2007, Loan Originators will be required to be registered with the
state of South Dakota. The registration will be fairly
simple. At this point it appears to be contact information
and a fee. The new law will require mortgage brokers and
lenders to have 2 years of documented experience as a loan originator
before applying for a mortgage broker or lender license.
06.04.2007. 18:49
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