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Roy B. Hooper Administrator Brad Henry Governor Scott Lesser Deputy AdministratorJari Asking Lieutenant Governor STATE OF OKLAHOMA DEPARTMENT OF CONSUMER CREDIT TO:All Exempt Mortgage Brokers and
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All exempt mortgage brokers are individuals or entities who are not required to obtain a license from the regulatory authority to engage in mortgage brokering activities because they fall under certain exemptions set forth by the law.
All exempt mortgage brokers are required to be filed by the regulatory authority in order to keep track of individuals or entities who are eligible for exemptions from licensing requirements.
All exempt mortgage brokers can be filled out by submitting the necessary forms and documentation to the regulatory authority, providing all relevant information about the exempt individual or entity.
The purpose of all exempt mortgage brokers is to allow certain individuals or entities to engage in mortgage brokering activities without the need for a license, based on meeting specific criteria set forth by the law.
The information reported on all exempt mortgage brokers typically includes details about the exempt individual or entity, the reason for the exemption, and any other relevant information required by the regulatory authority.
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