22-16

Unlicensed MLOs and Simple Access Investor Cash Flow Transactions

Homebridge will allow Mortgage Loan Officers (MLOs) who are currently not licensed in the subject property state, to submit loans under the Investor Cash Flow option of the Simple Access program.

Eligibility Requirements

  • Eligible on the Simple Access program using the Investor Cash Flow option only, and
  • The MLO must be currently licensed in at least one state at time of application, and
  • The property cannot be located in any of the following states:
    • Alaska, Arizona, California, Idaho, Michigan, Minnesota, Nebraska, Nevada, North Dakota, Oregon, South Dakota, Utah, Vermont, and Virginia

This update is eligible for new submissions on or after June 3, 2022

If you have any questions, please contact your Account Executive