Activities that require licensure are typically performed by people whose title is: Loan Originator, Loan Modification Specialist, Lender Account Executive, Loan Processor, Underwriter. Specific activities that require licensure are found in the legal definition of a Loan Originator in the Florida Mortgage Brokerage & Lending Act, which you can view here: Chapter 494 FS. Recent amendments to the Act (not yet incorporated into the published edition of the Act as of 6/23/2010 as referenced in the previous link) can be found here.
Note 1: There are currently two definitions in the Act current and future. We are referring to the second definition in 494.001(14) Loan Originator that goes into effect October 1, 2010. Note 2: There is currently ambiguity in the Florida Mortgage Brokerage & Lending Act regarding the distinction in job functions between Loan Originators and Loan Processors though it looks as if Loan Processors will have to be licensed (refer to the question in this FAQ ... more.
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