A Hybrid Agent is a licensed real estate agent and a licensed mortgage loan originator who provides real estate and digital mortgage services to clients for an all-in-one, full-service experience.
No test is required to become a licensed loan originator with Brighton Bank.
Brighton Bank is a Federally Charted Bank that originates loans in all 50 states. No individual state requirements and no state testing required.
All that is required is 20 hours of education, and you will be required to take online annual compliance classes as required by all licensed loan originators.
Call Alex or Kathy for a short interview to get started.
Suggested best practice:
Ensure no state law limitations are applicable regarding MLOs acting as real estate agents or additional requirements at a state level. Compensation is the other key aspect as it relates to RESPA Section 8 considerations and TRID LO Compensation rules.