69V-40.0331. Declaration of Intent to Engage Solely in Loan Processing  


Effective on Friday, October 1, 2010
  • 1(1) A person who seeks to act solely as a loan processor shall:

    14(a) Be licensed as a loan originator under Chapter 494, F.S., and must at all times thereafter remain licensed; and

    34(b) Submit a completed Form OFR-494-13 (Declaration of Intent to Engage Solely in Loan Processing) to the Office.

    52(2) Form OFR-494-13 (Declaration of Intent to Engage Solely in Loan Processing) is incorporated by reference in Rule 7069V-40.002, 71F.A.C.

    72(3) A person who currently has on file with the Office a Declaration of Intent to Engage Solely in Loan Processing may withdraw the declaration by filing Form OFR-494-13 (Declaration of Intent to Engage Solely in Loan Processing) indicating on the form the person’s intent to withdraw the declaration.

    121Rulemaking Authority 123494.00331 FS. 125Law Implemented 127494.00331 FS. 129History–New 10-1-10.