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mortgage short sale training for loan officers Course Providers.. No license is required for business purpose loans, commercial loans, purchase money loan or retail installment sales contracts.. credit repair, home loan modifications or short-sale negotiations, and budget. Mortgage Loan Originator License, This license is required of any individual, who for.

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(1) "Loan originator," in accordance with section 1322.024 of the Revised Code, but is not limited to, a retail installment sale as that term is defined in division (A ) of. (V) "Transaction of business as a mortgage broker in this state" means the. mortgage loans will be approved or closed in an unreasonably short period of .

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