Oregon § 86A.209 Interim license; findings required

Oregon Statutes

§ 86A.209 — Interim license; findings required

Oregon § 86A.209

Vol.2

Title 9Mortgages and Liens

Ch. 086AMortgage Lending

This text of Oregon § 86A.209 (Interim license; findings required) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 86A.209 (2026).

Text

The Director of the Department of Consumer and Business Services may issue an interim mortgage loan originator’s license to a person that is not licensed under ORS 86A.212 if the director finds that issuing the interim license will facilitate the business of licensed mortgage loan originators or prevent an undue delay in issuing a mortgage loan originator’s license. The director may specify the term of the interim mortgage loan originator’s license and may issue the interim license to an applicant for a mortgage loan originator’s license only if the director finds that the applicant:

(1)Is employed by a person that has a valid license or registration from the Department of Consumer and Business Services;

(2)Substantially meets the requirements of ORS 86A.206, 86A.212 and 86A.215 as of Ju

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The Director of the Department of Consumer and Business Services may issue an interim mortgage loan originator’s license to a person that is not licensed under ORS 86A.212 if the director finds that issuing the interim license will facilitate the business of licensed mortgage loan originators or prevent an undue delay in issuing a mortgage loan originator’s license. The director may specify the term of the interim mortgage loan originator’s license and may issue the interim license to an applicant for a mortgage loan originator’s license only if the director finds that the applicant:
(1) Is employed by a person that has a valid license or registration from the Department of Consumer and Business Services;
(2) Substantially meets the requirements of ORS 86A.206, 86A.212 and 86A.215 as of July 31, 2010; and
(3) Has not committed an act prohibited under ORS 86A.236.