Important Deadline Information for Texas Seller-Financers

One of the unexpected effects of the SAFE Act was a requirement for people providing seller financing to be licensed Mortgage Loan Originators. 

Texas Savings and Mortgage Lending Commissioner Foster has extended the deadline for seller – financers to become licensed as Mortgage Company Residential Mortgage Loan Originators and be in compliance with the SAFE Act until August 31, 2010.

Click here for more information.


About Tom Branch

Tom Branch has written 597 posts in this blog.

Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).