Indiana § 23-2.5-3-2 Mortgage loan originator license required

Indiana Statutes

§ 23-2.5-3-2 — Mortgage loan originator license required

Indiana § 23-2.5-3-2

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 2.5LOAN BROKERS

Ch. 3Licensure and Loan Processing Company Notice Filing

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Bluebook

Ind. Code § 23-2.5-3-2 (2026).

Text

(a)An individual may not act as a manager in Indiana unless the individual first obtains a:

(1)unique identifier from the Nationwide Multistate Licensing System; and

(2)license under this article.

(b)An individual may not act as a mortgage loan originator in Indiana unless the individual first obtains a:

(1)unique identifier from the Nationwide Multistate Licensing System; and

(2)mortgage loan originator license from the commissioner.

(c)An individual desiring to act as a manager or mortgage loan originator on behalf of a loan broker shall apply to the commissioner for a mortgage loan originator license under this article.

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(a) An individual may not act as a manager in
Indiana unless the individual first obtains a:
(1) unique identifier from the Nationwide Multistate Licensing
System; and
(2) license under this article.
(b) An individual may not act as a mortgage loan originator in
Indiana unless the individual first obtains a:
(1) unique identifier from the Nationwide Multistate Licensing
System; and
(2) mortgage loan originator license from the commissioner.
(c) An individual desiring to act as a manager or mortgage loan
originator on behalf of a loan broker shall apply to the commissioner
for a mortgage loan originator license under this article.