WAC 208-620-260: If I am licensed under the Consumer Loan Act, can I broker loans in the state of Washington?

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WACs > Title 208 > Chapter 208-620 > Section 208-620-260

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208-620-250 << 208-620-260 >> 208-620-270

WAC 208-620-260	Agency filings affecting this section
If I am licensed under the Consumer Loan Act, can I broker loans in the state of Washington?

  Yes. You may broker loans under the Consumer Loan Act or Mortgage Broker Practices Act.

     (1) If you broker loans under the Consumer Loan Act, those loans are subject to assessment under WAC 208-620-240.

     (2) If you broker loans under the Mortgage Broker Practices Act, chapter 19.146 RCW, you must comply with that act.

[Statutory Authority: RCW 43.320.040. 08-15-125, § 208-620-260, filed 7/22/08, effective 8/22/08. Statutory Authority: RCW 31.04.165, 31.04.015, 31.04.045, 31.04.075, 31.04.085, 31.04.093, 31.04.102, 31.04.115, 31.04.145, 31.04.155, and 31.04.175. 06-04-053, § 208-620-260, filed 1/27/06, effective 2/27/06.]