Fla. Admin. Code Ann. R. 69V-40.036 - Application Procedure for a Mortgage Broker Branch Office License

(1) Each mortgage broker desiring to obtain a mortgage broker branch office license shall apply to the Office of Financial Regulation by submitting the following:

(a) A completed NMLS Branch Form (Form MU3) is incorporated by reference in Rule 69V-40.002, F.A.C., filed through the registry; and,

(b) The statutory nonrefundable application fee of $225 filed through the registry.

(2) Request for additional information. The Office shall review each mortgage broker branch office application and inform the licensee of any request for additional information required to complete its review. The additional information must be received by the Office within 45 days from the date of the request. The Office will grant a request for an additional forty-five (45) days to submit the additional information. The Office will not grant a request after the original forty-five (45) day deadline has passed. Failure to provide timely all additional information shall result in the application being deemed abandoned, which will result in the application being removed from further consideration by the Office and closed.

Notes

Fla. Admin. Code Ann. R. 69V-40.036

Rulemaking Authority 494.0011(2), 494.0036(2) FS. Law Implemented 494.0011(2), 494.0036 FS.

New 10-1-10, Amended by Florida Register Volume 41, Number 209, October 27, 2015 effective 11/9/2015, Amended by Florida Register Volume 47, Number 002, January 5, 2021 effective 1/18/2021.

New 10-1-10, Amended 11-9-15, 1-18-21.