Can you be a real estate agent and loan officer at the same time in florida?

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Zoila Rogahn asked a question: Can you be a real estate agent and loan officer at the same time in florida?
Asked By: Zoila Rogahn
Date created: Thu, Apr 22, 2021 7:16 AM
Date updated: Sat, Sep 17, 2022 2:54 PM

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How to become a loan officer in 30 days or less

Top best answers to the question «Can you be a real estate agent and loan officer at the same time in florida»

You can certainly do both, given your state and lender programs allow it along with providing the required disclosures to ensure you are in compliance with regulations. In states like California and Florida, for example, many real estate agents are also licensed mortgage loan officers.

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That means you can hold your Real Estate Salesperson License, AND your Lenders License at the same time. You are unable to be apart of the same transaction representing the financing and real estate side of things, but you can still participate accordingly.

All estate that is real seek out brand brand new agents (even more qualified and experienced than the others) but that is a continuous adventure for just about any broker whom utilizes agency approach. Take time to recognize the buzz. You must know lots of people and get in a position to network the gate out. A representative is one-man shop.

You can be a loan officer and real estate agent at the same time. However, you need to disclose your employers about this. We are fine with having our loan officer be licensed real estate agents.

Oct 25, 2011. In 2006, the Federal Housing Administration (FHA) updated its Mortgagee Approval Handbook and said that employees of approved mortgagees “May have other employment including self-employment. However, such outside employment may not be in mortgage lending, real estate or a related field.”.

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