Washington Statutes
§ 31.04.224 — Licensing exemptions—Residential mortgage loans.
Washington § 31.04.224
This text of Washington § 31.04.224 (Licensing exemptions—Residential mortgage loans.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 31.04.224 (2026).
Text
The following are exempt from licensing as mortgage loan originators under this chapter:
(1)Registered mortgage loan originators, or any individual required to be registered while actively employed by a covered financial institution as defined in regulation G, 12 C.F.R. Part 1007.102;
(2)An attorney licensed in Washington who negotiates the terms of a residential mortgage loan on behalf of a client as an ancillary matter to the attorney's representation of the client, unless the attorney is compensated by a lender, a mortgage broker, or other mortgage loan originator or by any agent of a lender, mortgage broker, or other mortgage loan originator;
(3)Any individual who offers or negotiates terms of a residential mortgage loan with or on behalf of an immediate family member; or
(4)An
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Related
§ 1007.102
12 C.F.R. § 1007.102
Legislative History
[2015 c 229 s 32;2012 c 17 s 6;2009 c 120 s 11.]
Nearby Sections
15
§ 31.04.015
Definitions.§ 31.04.025
Application of chapter.§ 31.04.027
Violations of chapter.§ 31.04.035
License required—When violation occurs.§ 31.04.055
License—Director's duties.§ 31.04.065
License—Information contained.§ 31.04.075
Licensee—Place of business.§ 31.04.085
Licensee—Assessment—Bond—Time of payment.§ 31.04.105
Licensee—Powers—Restrictions.§ 31.04.125
Loan restrictions—Interest calculations.§ 31.04.135
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Bluebook (online)
Washington § 31.04.224, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/31.04.224.