Indiana Code 23-2.5-5-4. Employment for loan processing activities; requirements
Current as of: 2023 | Check for updates
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Sec. 4. A loan processing company may not employ an individual to engage in loan processing activities unless the individual:
(2) is registered to conduct business in Indiana through the Nationwide Multistate Licensing System.
(1) has completed the education and examination requirements for a mortgage loan originator; and
Terms Used In Indiana Code 23-2.5-5-4
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
As added by P.L.175-2019, SEC.2. Amended by P.L.205-2021, SEC.5.