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Tampa Real Estate & Administrative Lawyer > Tampa Mortgage Loan Originator Lawyer

Tampa Mortgage Loan Originator Lawyer

Mortgage loan originators (in the simplest terms) can be thought of as the original mortgage lender that works with the mortgagee in order to complete a mortgage transaction. Because a home is such a large investment for many individuals, the Florida Office of Financial Regulation requires all mortgage originators to meet certain requirements and be licensed by the Office prior to conducting business or any mortgage transaction with a consumer. In a significant number of cases, mortgage loan originators are able to complete the initial licensing process as well as the renewal process without issue and without any additional assistance. However, when the Office declines an application for a license or refuses to renew an originator’s license, the originator may need an experienced and knowledgeable Tampa mortgage loan originators lawyer. The Law Offices of David P. Rankin, P.A. can provide such counsel and help beleaguered originators.

Why Mortgage Loan Originator Problems Arise in Tampa

While there may be an infinite number of situations and circumstances under which a Florida mortgage loan originator’s license is not granted or renewed, any time the Office takes such an action it is usually because the agency feels the originator has not demonstrated that they possess the knowledge or experience necessary to comply with the Florida statutes and regulations applicable to mortgage loan originators’ activities and business. Therefore, a mortgage loan originator may run into issues in obtaining or renewing a license if the originator:

  • Does not meet the minimum qualifications and requirements to have a license issued;
  • Fails to satisfactorily demonstrate that it meets the requirements to have its license renewed;
  • Is accused by consumers or others of engaging in unprofessional, unethical, and/or illegal activity.

The reason for the licensing issue’s development will dictate the response and strategy utilized by the Law Offices of David P. Rankin, P.A. – your Tampa professional licensing law firm – to resolve the matter. Where the matter involves either the absence of documentation or questions about the sufficiency of documentation used to establish the mortgage loan originator’s qualifications, informal resolution of the licensing dispute may be all that is needed. However, where the licensing issue is due to allegations of misconduct or criminal activity, more formal and forceful resolution strategies may be needed – not only to resolve the issue itself but also to protect the mortgage loan originator’s good name.

Do Not Wait to Call the Law Offices of David P. Rankin, P.A.

No business can survive if it lacks the professional license it needs to operate and is constantly in discussions or litigation with the Office of Financial Regulation with no end to such talks in sight. Trust the Law Offices of David P. Rankin, P.A. to help you obtain the successful resolution you and your business need. Discuss your case and situation with us today by calling our office at (813) 968-6633 or by contacting our firm through our website. During your initial consultation, our Tampa mortgage loan originators lawyers can discuss your rights and devise the best strategy for your situation. Contact us today.

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