WAC 208-620-250. Is my company required to have a licensed location in the state of Washington?
WashingtonRegulations
Ask Donna
How this section applies to your facts.
Washington Administrative Code › Title 208 › Chapter 208-620 › Section 208-620-250
Text
(1) No. You are not required to maintain a physical presence in this state to hold a license but any location doing business under the act, wherever located, must be licensed, except those locations consistent with subsection (2) of this section. Your company's main office (headquarters), wherever located, must have a license.
(2) If you employ mortgage loan originators, those licensed loan originators must work from a licensed location or from the loan originator's residence pursuant to WAC 208-620-660 .
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.