Who Is Required to Have This License?
A mortgage broker\nis an entity, who for compensation or gain or in the expectation of\ncompensation or gain, that takes an application for a residential mortgage loan;\noffers, negotiates or modifies the terms of a residential mortgage loan; or\nservices a residential mortgage.
\nOklahoma\nSAFE Act – 59 O.S. § 2095.2 (13)
Activities Authorized Under This License
This license authorizes the following activities…
\n\no \nFirst and second mortgage brokering
\n\no \nFirst and second mortgage lending
\n\no \nLead generation
\n\no \nMortgage loan modifications
\n\no \nReverse mortgage brokering and lending
\n\no \nShort sale
\n\no \nThird party mortgage loan processing
\n\n
Pre-Requisites for License Applications
\n\n· \nThere are no pre-requisites for this license.
\n\n
OK DOCC does not issue paper licenses for this\nlicense type.
Remote\nwork: A licensee may permit its employees or\nindependent contractors to work at remote locations in compliance with the\nlicensee’s written policies and procedures subject to the conditions as\noutlined:
\nOklahoma SAFE Act - 59 O.S. § 2095.27
This license is required of any business entity, who for compensation or gain, or in the expectation of compensation or gain, takes a residential mortgage loan application or offers, negotiates or modifies the terms of an existing residential mortgage loan on Oklahoma residential property for others. 59 O.S. § 2095.2 (13)
","StateAgencyContactInformation":"Contact Oklahoma\nDepartment of Consumer Credit licensing staff by phone at (405) 521-3653 or send your questions\nvia email to licensing@okdocc.ok.gov for additional assistance.
For U.S. Postal Service &\nOvernight Delivery
\n\nOklahoma Department of\nConsumer Credit
\n\nAttn: Licensing Department
\n\n629 N.E. 28th\nStreet
\n\nOklahoma City, OK 73105
","NMLS_ID":"OKBROKER_C","ModifiedBy":"Ms. Stephanie Younie (77965)","Modified":"2025-10-23T15:46:47.493","Version":33,"ChangeType":"MOD","Status":null,"RecordId":null}