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Discussions tagged with 'CAN YOU BECOME A MLO WITH BAD CREDIT'
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Getting NMLS License for the state of Illinois is easy and pretty fast. Illinois is one of the states lenient with bad credit for state licensing. It normally takes three to five days to get an Illinois NMLS license transferred from one company to another and about two weeks to get approved for a brand new loan officer state license for Illinois. California is the first state that does not care about bad credit. You can have collections, judgments, and even tax liens and get approved in California. Illinois does not care about collections, charge-offs, or late payments. Remember that credit scores do not matter to get your NMLS license in all states.
Here is a blog written about Can You Become a Loan Officer with Bad Credit
https://gustancho.com/can-you-become-a-loan-officer-with-bad-credit/
gustancho.com
Can You Become A Loan Officer With Bad Credit And Get Licensed
Can You Become A Loan Officer With Bad Credit? Absolutely. I have over 50 derogatory credit items such as unpaid collections, charges offs
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