In some states, an agent can act as an agent and as a loan originator on the same transaction if the loan originator is licensed with Real and One Real Mortgage.
If an agent acts in both capacities, they are required to upload an additional disclosure to the transaction checklist, called a Dual Capacity Disclosure. This disclosure promotes transparency with the client and ensures they are aware of their rights and responsibilities when working with someone acting as both an agent and a loan originator in the same transaction.
If you are acting as both an agent and a loan originator on the same transaction, find the relevant disclosure for your state below. Please note that some states do not allow agents to act as both the agent and the loan originator on the same transaction. Those states are also listed below.
State(s) |
Disclosure PDF |
Alabama, Arizona, California, Delaware, Florida, Georgia, Hawaii, Illinois, Michigan, Minnesota, Mississippi, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin |
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Colorado |
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Washington |
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Washington D.C. |
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Connecticut, Louisiana, Maryland, Ohio, New Jersey |
These states do not allow licensees to act as an agent and a loan originator in the same transaction. |