{"data":{"id":"us-in/ic-37-1-2-25","jurisdiction":"us-in","citation":"IC 37-1-2-25","heading":"\"Loan processor or underwriter\"","body":"Sec. 25. \"Loan processor or underwriter\" means an individual who performs clerical or support duties as an employee at the direction of, and subject to the supervision and instruction of, a person licensed to engage in mortgage transactions or a person exempt from licensing. For purposes of this section, the term \"clerical or support duties\" may include, after the receipt of an application, the following:\n(1) The receipt, collection, distribution, and analysis of information common for the processing or underwriting of a mortgage transaction.\n(2) The communication with a consumer to obtain the information necessary for the processing or underwriting of a loan, to the extent that the communication does not include:\n(A) offering or negotiating loan rates or terms; or\n(B) counseling consumers about mortgage transaction rates or terms.\nThe term does not include an individual who is an employee of a person that is not engaged in mortgage transactions as a creditor if that person is permitted to voluntarily register with the department to sponsor the individual under IC 37-1-1-6(8) to engage solely in the activities described in this subdivision.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 1. FIRST LIEN MORTGAGE LENDING","Chapter 2. Definitions"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-1-2-25","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"50fee62e3e1badfe81c80c39cf10a3174a694048745b5e379b2f5dfd178f3ec1","source_id":"us-in","stale":false,"prev":"us-in/ic-37-1-2-24","next":"us-in/ic-37-1-2-26"},"notice":"GroundRules: Original legal text. Not legal advice."}