{"Result":[{"LicenseTypeID":1037,"LicenseRequirementID":3832,"RequirementText":"<p style=\"margin: 8px 0in;\"><span><strong style=\"mso-bidi-font-weight: normal;\">Company Sponsorship: </strong>A sponsorship request must be submitted by your employer. OR will review and accept or reject the sponsorship request. </span></p>\n<p style=\"margin: 8px 0in;\"><span>OR offers an “Approved-Inactive” license status. If you are not currently employed by a mortgage company (or your employer has not yet requested sponsorship on your behalf) and you have completed all requirements for this license, the license may be issued as “Approved-Inactive” until sponsorship by a mortgage company is acquired. While in an “Approved-Inactive” status, you are NOT authorized to conduct business under the authority of the OR Mortgage Loan Originator License.</span></p>\n<p style=\"margin: 8px 0in;\"><span><strong>Note: </strong>ORS 86A.178(2) prohibits a MLO working for more than one mortgage banker, mortgage broker, or other mortgage lender or independent mortgage agency at the same time. A MLO may not work for two Oregon licensed companies, even if only one company is actively sponsoring the MLO.&nbsp;</span></p>\n<p><span><strong style=\"mso-bidi-font-weight: normal;\">Note: </strong>Bond amount – Sponsoring company must provide bond between $50,000 and $200,000 as part of company’s licensing process.</span></p>","IsNote":true,"SubmittedVia":"N/A","Order":null,"RequirementsCategory":44,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Ms. Haven Garber (haven.garber@dcbs.oregon.gov)","Modified":"2026-04-07T16:25:43.393","Version":5,"ChangeType":"MOD"},{"LicenseTypeID":1037,"LicenseRequirementID":3834,"RequirementText":"<p><span style=\"font-size: 15px; color: #000000; font-family: arial, helvetica, sans-serif;\"><strong>State Background Check Required: </strong>In addition to the federal criminal background check in NMLS, the MLOs sponsoring company MUST conduct state criminal records check of each individual employed by the mortgage company prior to hire or for an existing employee not previously engaging in Oregon residential mortgage transactions, prior to sponsoring the MLO's Oregon license. (OAR 441-860-0045)</span></p>","IsNote":true,"SubmittedVia":"<p><font face=\"Calibri, sans-serif\"><span style=\"font-size: 15px;\"><b>NMLS</b></span></font></p>","Order":null,"RequirementsCategory":39,"NMLSDocumentUploadType":49,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-08-22T20:48:26.337","Version":4,"ChangeType":"MOD"},{"LicenseTypeID":1037,"LicenseRequirementID":30433,"RequirementText":"<p><span style=\"font-size: 15px; color: #000000; font-family: arial, helvetica, sans-serif;\"><strong>Disclosure Questions:</strong>&nbsp;Provide an explanation and, if applicable, a supporting document for each “Yes” response. </span></p>","IsNote":true,"SubmittedVia":null,"Order":null,"RequirementsCategory":null,"NMLSDocumentUploadType":null,"PostApplicationTaskGenerated":null,"LicenseItemType":null,"AdditionalTaskInfo":null,"ModifiedBy":"Courtney Hill (cgifford@csbs.org) (cgifford@csbs.org)","Modified":"2025-08-22T20:48:53.48","Version":1,"ChangeType":"ADD"}],"Id":22505,"Exception":null,"Status":5,"IsCanceled":false,"IsCompleted":true,"IsCompletedSuccessfully":true,"CreationOptions":0,"AsyncState":null,"IsFaulted":false}