{"data":{"id":"us-oh/ohio-rev.-code-1322.07","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1322.07","heading":"Requirement to obtain certificate of registration or license.","body":"(A)(1) No person, on the person's own behalf or on behalf of any other person, shall engage in the transaction of business as a mortgage lender, mortgage servicer, or mortgage broker in this state without first having obtained a certificate of registration from the superintendent of financial institutions for the principal office and every branch office to be maintained by the person for the transaction of business as a mortgage lender, mortgage servicer, or mortgage broker in this state.\n(2) A registrant shall maintain an office location for the transaction of business as a mortgage lender, mortgage servicer, or mortgage broker in any state of the United States. Registrants are not required to maintain a physical location in this state.\n(B)(1) No individual shall act as a mortgage loan originator without first having obtained a license from the superintendent. A mortgage loan originator shall be employed by or associated with a registrant or entity holding a valid letter of exemption under this chapter, but shall not be employed by or associated with more than one registrant or entity holding a valid letter of exemption under this chapter at any one time.\n(2) An individual acting under the individual's authority as a registered mortgage loan originator shall not be required to be licensed under division (B)(1) of this section.","path":["Title 13 Commercial Transactions","Chapter 1322 Ohio Residential Mortgage Lending Act (RMLA)"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1322.07","current_through":"2021-09-01 (House Bill 133 - 134th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"9c9300cbd5b5ddc69d5e26fee7adaf4b51885884f832ce6af4a3d1f61577c56d","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1322.05","next":"us-oh/ohio-rev.-code-1322.09"},"notice":"GroundRules: Original legal text. Not legal advice."}