Mortgage licensing / Washington
Washington Mortgage Broker Branch Office License
branch licence · NMLS WABROKER_B · DFI
Requirements (2)
Step 1
Documents to be emailed to the Department must be received within 5 business days of the application filing through NMLS. Email: MortgageLicensing@dfi.wa.govStep 2
TRUST ACCOUNTING. Read the following questions carefully before determining what you need to submit for this requirement. My company already has a trust account form on file with Washington and this branch office will use the same trust account. This branch will use a trust account different from the main office. I attached a “Certificate of Compliance and Authorization to Examine Trust Accounts” form. My company NEVER (not even reimbursement at closing) accepts monies on behalf of borrowers for the payment of third party service providers.Submitted via: Email this document to: MortgageLicensing@dfi.wa.gov
General information
Who is required to have
the Washington
Mortgage Broker branch license?
Each
fixed physical location from which a licensed Mortgage Broker company, or its
representatives, offers the services of mortgage brokering or loan origination services
to Washington State
citizens or for property in Washington
State. Like the main office on the MU1, the branch
office address on the MU3 is not required to be inside Washington State.
Who does not need the Washington Mortgage
Broker branch license?
• If your company
has branches outside Washington, and those branches will not provide
brokering or originations services for loans on property in Washington and
serve Washington citizens, those branches
do not need to hold a Washington State branch license.
If your company is exempt from the Mortgage Broker
licensing requirements, your branches are also exempt.
Other Washington mortgage licenses
- Exempt Mortgage Broker Registration
- Mortgage Broker License
- Mortgage Loan Originator License
- All 4 Washington licenses
Sourced from the NMLS/CSBS state licensing record, last updated May 23, 2023. Requirements change — confirm against the state agency before filing. Not legal advice.