A:
1 Answer
rank
1
|
A trade name, also known as “dba,” is an additional name under which a mortgage banker or mortgage broker might wish to conduct business. The division does not allow trade names to contain organizational identifiers, such as “Inc.”, “Corp.”, “Co.”, “LLC”, or “LP”, etc. You may register a trade name with the Office of Secretary of State. Please be aware that registering a trade name with the Secretary of State does not allow a licensee to use a trade name under its mortgage banking license. The Division of Banking must receive a written request from the mortgage banker or mortgage broker indicating the trade name they wish to use.
more
|
wdfi.org
Related Videos
Add your answer...
Top Related Experts
1.
2.
4.
5.
Top Answerers
1.
2.
3.
Top Askers
1.
2.
3.
Top Supporters
1.
2.
3.
How does a mortgage banker or mortgage broker add a trade name (dba)?
Related Questions
- Yes. If a loan originator changes employers, they must notify the division. A loan originator may transfer ...
- The person must register as a mortgage broker or mortgage banker, depending on the types of activities ...
- Mortgage bankers and mortgage brokers can inactivate their affiliation with a loan originator or loan ...
- The licensees must notify the Department about any business or trade name which differs from the exact name ...
- The mortgage banker or mortgage broker should check with HUD concerning the applicability of RESPA ...