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Neil Aggarwal
  • Lender
  • Richardson, TX
228
Votes |
537
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Texas rule allowing use of a third party RMLO?

Neil Aggarwal
  • Lender
  • Richardson, TX
Posted Nov 14 2017, 19:37

Hello:

I am trying to find statutes that allow a lender to hire a third party RMLO and not be licensed themselves.

I found a statement from HUD on it in this document:

https://mortgage.nationwidelicensingsystem.org/SAFE/NMLS%20Document%20Library/HUD%20Final%20SAFE%20Act%20Rule.pdf

But I would like something specific to Texas, hopefully published by http://www.sml.texas.gov/

Does anyone know of anything?

Thanks,
  Neil

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