Federal and State Licensing Qualifications

Westshore Mortgage & Investments Co., Inc. and its Principals and loan originators are both, Federally Registered and Approved under the SAFE Act of 2008. Westshore Mortgage & Investments Co., Inc. and its Principals and loan originators have also been licensed with the State of Florida Office of Financial Regulation since 1995.

Some of the criteria for licensing and registration of loan originators and principals of the company include:

  1. Fingerprinting
  2. Submit and Pass Federal Criminal Background Investigation conducted by the Federal Bureau of Investigation (FBI)
  3. Submit and Pass State Background Investigation conducted by the Florida Department of Law Enforcement (FDLE)
  4. Submit and Pass Credit Check
  5. Complete 20 Hours of Mandatory, Federal (NMLS) Education Requirements
  6. Pass Mandatory Federal Licensing Examination
  7. Complete 4 Hours Mandatory, State of Florida (FLOFR) Education Requirements
  8. Pass Mandatory State of Florida Licensing Examination

Note #1:

Licensing and Registration is NOT required for Westshore Mortgage & Investments Co.'s commercial loan business under the SAFE act. The licensing and registration is completely VOLUNTARY for our business practices as defined both by Federal and State Law. We maintain these licenses and registration to ensure our clients that we are a legitimate company that maintains the highest standards in an the industry which does not require such licensing for commercial mortgage loan brokers.

Note #2:  

The following are mandatory, annual requirements to remain licensed under the law:

  1. Fingerprinting
  2. Submit and Pass Annual, Federal Criminal Background Investigation by the Federal Bureau of Investigation (FBI)
  3. Submit and Pass Annual, State Background Investigation by the Florida Department of Law Enforcement (FDLE)
  4. Submit and Pass Annual Credit Check
  5. Complete Annual, Mandatory 8 Hour, State of Florida Continuing Education Requirements 

Licensing Information and Resources

  1. National Mortgage Licensing System (NMLS) Consumer Access Website http://www.nmlsconsumeraccess.org/

    • Federal NMLS Mortgage Loan Originator ID #:  372698 (Individual)
    • Federal NMLS Mortgage Broker ID #:  373216 (Broker)

  2. Florida Office of Financial Regulation (FLOFR) http://www.flofr.com/Consumer/Verify.aspx

    • State (FLOFR) Mortgage Loan Originator License #:  LO8070 (Individual)
    • State (FLOFR) Mortgage Broker License #:  MBR723 (Broker)