| 208-620-010 | Definitions. |
| EXEMPTION FROM LICENSING |
| 208-620-104 | Who is exempt from licensing as a consumer loan company? |
| 208-620-105 | Who is exempt from licensing as a mortgage loan originator under this act? |
| COMPANY LICENSING |
| 208-620-230 | Do I need a consumer loan license if I am lending money in the state of Washington? |
| 208-620-235 | Is there a maximum rate of interest allowed under the act? |
| 208-620-240 | Once I am licensed, does the act apply to all loans I make? |
| 208-620-245 | Does the Consumer Loan Act allow me to make one or two loans without being licensed? |
| 208-620-250 | If my out-of-state company applies for a license under the Consumer Loan Act do we have to have a branch in the state of Washington? |
| 208-620-260 | If I am licensed under the Consumer Loan Act, can I broker loans in the state of Washington? |
| 208-620-271 | Do I need a license to assist a borrower with a residential mortgage loan modification? |
| 208-620-280 | How do I apply for a consumer loan license? |
| 208-620-281 | What will happen if my license application is incomplete? |
| 208-620-282 | How do I withdraw my application for a license? |
| 208-620-284 | What are my rights if the director denies my application for a license? |
| 208-620-290 | What fees must I pay for my application for a consumer loan license? |
| 208-620-300 | If I want to open more than one office, do I have to file an application for each location? |
| 208-620-310 | Is it necessary to license an office that is only providing underwriting and other back-office services? |
| 208-620-320 | What is the amount of the bond required for my consumer loan license? |
| 208-620-325 | What will my bond amount be in the first year of licensing? |
| 208-620-327 | How often will my bond amount change? |
| 208-620-328 | How often must I report my loan origination volume? |
| 208-620-330 | Does the surety bond need to reflect coverage for licensee and its W-2 employees and independent contractors? |
| 208-620-340 | Do I have any alternative to maintaining a surety bond? |
| 208-620-341 | If my company relies on the bond alternative, must my licensed mortgage loan originators obtain an individual bond? |
| 208-620-350 | If I qualify to use a bond substitute in lieu of a surety bond, what documentation do I have to provide to the department? |
| 208-620-360 | What if I use a bond substitute and my unimpaired capital falls below the minimum? |
| 208-620-370 | What are the grounds for denying or conditioning my consumer loan company license application? |
| 208-620-371 | May I employ someone to work with Washington residents or Washington property who has been convicted of a felony, or who has had a lending-related license revoked or suspended? |
| 208-620-372 | Am I responsible for the actions of my employees and independent contractors? |
| 208-620-373 | What happens to loans in the pipeline if a mortgage loan originator leaves my company? |
| 208-620-374 | What action must I take in the NMLSR if I fire a loan originator or if the loan originator quits? |
| 208-620-380 | Are there any additional requirements for out-of-state licensees? |
| 208-620-390 | If I am offering loans by mail or internet to Washington residents, do I have to license those locations? |
| 208-620-395 | Do I need to display my license in my place of business? |
| 208-620-400 | Can I share an office with another business? |
| 208-620-420 | May I transact business in a name other than the name on my license? |
| 208-620-425 | May I transfer or assign my license? |
| LICENSEE REPORT REQUIREMENTS |
| 208-620-430 | What are my annual filing requirements as a consumer loan licensee? |
| 208-620-431 | What are my quarterly call report filing requirements if I make residential mortgage loans? |
| 208-620-432 | Will the filing of the fourth quarter call report satisfy the consolidated annual report (CAR) requirement of WAC 208-620-430? |
| 208-620-440 | How do I calculate my annual assessment for activity in Washington? |
| 208-620-460 | Must I file my annual report even if I go out of business during the year? |
| 208-620-480 | What are my reporting responsibilities if my company files for bankruptcy? |
| 208-620-490 | What are my reporting responsibilities when something of significance happens to my business? |
| 208-620-499 | What are my reporting requirements if I want to close my company or surrender my license? |
| 208-620-500 | What are my reporting requirements if I want to close one or more of my branch offices? |
| DISCLOSURE AND OTHER OBLIGATIONS |
| 208-620-505 | In addition to the Consumer Loan Act, what other laws do I have to comply with? |
| 208-620-506 | Must my underwriting analysis of a borrower's residential mortgage loan application include a determination of the borrower's ability to repay the loan? |
| 208-620-507 | What elements of an ability to repay analysis must be part of my underwriting policy of a conventional residential mortgage loan? |
| 208-620-510 | What are my disclosure obligations to consumers? |
| 208-620-511 | What is the disclosure required under RCW 19.144.020 for residential mortgage loans? |
| POWERS AND RESTRICTIONS |
| 208-620-515 | What authority do I have as a licensee? |
| RECORDKEEPING |
| 208-620-520 | How long do I have to maintain my records under the Consumer Loan Act? |
| 208-620-530 | Can I maintain my records electronically? |
| 208-620-540 | Do I need to account separately for payments from borrowers for third party service providers? |
| RESTRICTIONS, PROHIBITIONS AND GROUNDS FOR REVOCATION |
| 208-620-550 | What business practices are prohibited? |
| 208-620-555 | What fees are allowed under the Consumer Loan Act? |
| 208-620-560 | What fees are not allowed under the Consumer Loan Act? |
| 208-620-561 | What fees can I collect on VA loans? |
| 208-620-565 | What fees am I allowed to charge or receive when acting as a broker under the act? |
| 208-620-566 | What fees am I not allowed to charge or receive when brokering residential mortgage loans under the act? |
| 208-620-570 | What are the grounds for suspending or revoking a consumer loan company license? |
| EXAMINATIONS |
| 208-620-580 | As a licensee, will my business be subject to periodic examinations? |
| 208-620-590 | How much will I be charged for my periodic examinations and when will the payment be due? |
| 208-620-600 | How often will the department visit my business to examine my records? |
| 208-620-601 | What assistance may the department seek in conducting an investigation or examination of my business? |
| INVESTIGATIONS |
| 208-620-610 | What authority does the department have to investigate violations of the Consumer Loan Act? |
| 208-620-611 | What federal guidance has the director adopted for use by the department in determining if a violation under RCW 31.04.027 has occurred? |
| 208-620-612 | What must I do to comply with the federal guidelines on nontraditional mortgage loan product risks and statement on subprime lending? |
| 208-620-613 | When I develop policies and procedures to implement the federal guidelines on applicable conventional residential mortgage loans, what topics must be included? |
| 208-620-614 | What Washington law protects my rights when my license is suspended or revoked? |
| 208-620-615 | Application of the Administrative Procedure Act. |
| ADVERTISING RESTRICTIONS |
| 208-620-620 | How do I have to identify my business when I advertise? |
| 208-620-630 | What are the advertising restrictions? |
| 208-620-640 | What are some of the federal laws I must comply with when I advertise any loan subject to the Consumer Loan Act? |
| MISCELLANEOUS |
| 208-620-650 | Will the director waive fees charged under the Consumer Loan Act? |
| MORTGAGE LOAN ORIGINATOR LICENSING |
| 208-620-700 | Loan originator -- General. |
| 208-620-710 | Loan originator -- Licensing. |
| 208-620-720 | Loan originator -- Prelicensing education. |
| 208-620-725 | Loan originator -- Testing. |
| 208-620-730 | Loan originator -- Continuing education. |
| PROPRIETARY REVERSE MORTGAGE PRODUCTS |
| 208-620-800 | What definitions are applicable to this section? |
| 208-620-805 | Does this section apply to the FHA approved home equity conversion mortgage (HECM) product? |
| 208-620-810 | What requirements must I meet before offering or making proprietary reverse mortgages to Washington residents? |
| 208-620-820 | What specific loan terms and conditions are allowed or required in the proprietary reverse mortgages I make to Washington residents? |
| 208-620-825 | What reverse mortgage program information must I submit to the director for approval before offering or making proprietary reverse mortgages? |
| 208-620-830 | What disclosures or statements must I provide to a borrower? |
| 208-620-850 | What is the process I must follow to obtain the department's approval of my proprietary reverse mortgage product? |