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PDFWAC 208-620-250

Is my company required to have a licensed location in the state of Washington?

(1) No. You are not required to maintain a physical presence in this state to hold a license but any location doing business under the act, wherever located, must be licensed, except those locations consistent with subsection (2) of this section. Your company's main office (headquarters), wherever located, must have a license.
(2) If you employ mortgage loan originators, those licensed loan originators must work from a licensed location or from the loan originator's residence pursuant to WAC 208-620-660.
[Statutory Authority: RCW 43.320.040 and 31.04.165. WSR 22-24-048, § 208-620-250, filed 11/30/22, effective 12/31/22; WSR 13-24-024, § 208-620-250, filed 11/22/13, effective 1/1/14. Statutory Authority: RCW 43.320.040, 31.04.165 and 2010 c 35. WSR 10-20-122, § 208-620-250, filed 10/5/10, effective 11/5/10. 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. WSR 06-04-053, § 208-620-250, filed 1/27/06, effective 2/27/06.]
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