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Updated almost 9 years ago on . Most recent reply

User Stats

268
Posts
55
Votes
Brenda Whittaker
  • Investor
  • Cottonwood, AZ
55
Votes |
268
Posts

NMLS? Potential lender credentials?

Brenda Whittaker
  • Investor
  • Cottonwood, AZ
Posted

I have read that all lenders must be registered with NMLS, yet I cant find any of the lenders I have begun to work with in NMLS.  I cant find anything in there.  What does this mean?  That they;re not real?  How do I check credentials on a potential lender?

Most Popular Reply

User Stats

2,283
Posts
1,102
Votes
Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
1,102
Votes |
2,283
Posts
Charlie Fitzgerald
  • Lender
  • Las Vegas, NV
Replied

In the states that require NMLS registration and MLO licensing, AZ is one, if they are not registered with NMLS and licensed with AZ, they are not compliant and I would be very suspect of fraud and particularly advance fees loan scams.

  • Charlie Fitzgerald
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