Effective June 5th, 2007 Washington Loan Originators are required to pass a test prior to licensing in the state. All loan originators licensed prior to that date will be required to pass the test by December 31st, 2007. The new Washington Loan Originator and Designated Mortgage Broker Licensing Test is now available. The Test will be administered by Promissor, a national testing service. Go to the Washington Department of Financial Institutions website at: http://www.dfi.wa.gov/cs/mb_testing.htm for details.
