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11-10-2017, 11:25 AM #23Karen37aGuest
This was on Debanked
Digest the things they want and provide the required information. The deficiency letters are very detailed so it should be easy to make the requested changes. Resubmit the requested items and wait for the next response. It could be in the form of another deficiency letter but it could be an approval of the license. Just keep on trying until you are finally successful.
That’s it, you are finally a licensed lender in California! But that is where the fun begins. You are subject to many laws in California and audits by the State. To get the right to operate as a licensed lender, you need to make sure you prepare your application correctly. Once you have done that, you need to get all your loan documents drafted in compliance with California law. Make sure you have adequate experience and professional help to take on those tasks.
http://debanked.com/2015/12/getting-...nders-license/
An Attys number is on the bottom. he wrote the article . Since i have to Point diretly to it
( again...simple things...I can bet money some will never ever never ever never ever make it, .., no wonder certain peoples only marketing plan is to dig thru a deal bin,of almost non fundable deals then cry about the quality of deals etc.)Last edited by Karen37a; 11-10-2017 at 11:31 AM.
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