Washington State Mortgage Brokers

Mortgage Brokers doing business in Washington State must be licensed with DFI's Division of Consumer Services.

Call Center Hours
Our call center hours are Monday - Friday 11:00 AM to 5:00 PM (Pacific Standard Time). Call us at (877) RING DFI (746-4334). Or email us at dcs@dfi.wa.gov.

Receive News and Updates Via Email
The Division of Consumer Services also sends out news and updates via email ListServs. To have updates sent directly to your email inbox, sign up for the Mortgage Broker ListServ.

Quick Links for Mortgage Brokers

Licensing & News News & Updates Apply For A License Applications & Forms Bond Requirements Loan Originator Licensing DB Licensing Test Continuing Education Verify A License Loan Modification Services ListServ

Examinations Information & FAQs Mortgage Call Report Laws, Rules, & Rulemaking Rulemaking Activity Interpretive Letters Laws & Rules Resources & FAQs FAQs Resources

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Featured News and Information

All Mortgage Broker News Subscribe To Email Updates

• Winter 2013 Newsletter
  The Division of Consumer Services Winter 2013 newsletter is now available.
  • Winter 2013 Newsletter
• Rules Adopted Increasing Prelicensing Education Hours by Two Additional Hours
  DFI has adopted rules increasing the number of prelicensing education hours required for mortgage loan originators prior to licensing. The addition of two hours brings the total number of hours specific to Washington law to four.
  • Rulemaking Documents and Information
• New SAFE MLO Test with Uniform State Component to Start April 1
  The Conference of State Bank Supervisors (CSBS) has announced that a new National SAFE MLO Test with a uniform state component will be available on April 1, 2013. With the implementation of this new test, Washington will no longer require a second, state-specific test component to be taken by mortgage loan originators (MLOs) seeking licensure.
  • Announcement from CSBS
• State Regulators Support Integrated RESPA and TILA Disclosures
  The Conference of State Bank Supervisors (CSBS) support efforts by the Consumer Financial Protection Bureau (CFPB, or the Bureau) to integrate mortgage disclosures. The revised disclosures are geared toward addressing the discrepancies between the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA), for which lenders, consumers, and regulators have long-pursued reconciliation.
  • Statement from CSBS

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Short Sales Guidance

Guidance to licensees providing services in short sale transactions from DFI and the Washington Department of Licensing.

• Short Sales: Guidance for Licensees (PDF)*
• Short Sales: Seller Advisory or PDF Version*

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Laws & Rules

Mortgage Broker Laws (RCW 19.146) Consumer Loan Laws (RCW 31.04) Mortgage Lending and Homeownership Law (RCW 19.144)

Mortgage Broker Rules (WAC 208-660) Consumer Loan Rules (WAC 208-620) Mortgage Lending and Homeownership Rules (WAC 208-600)

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Frequently Asked Questions (FAQs)

Answers from DFI to frequently asked questions.

Mortgage Broker Practices Act  FAQs

Examination FAQs

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Newsletters

• Winter 2013 Division Newsletter
• Fall 2012 Division Newsletter
• Spring 2012 Division Newsletter
• Winter 2012 Division Newsletter
• Fall 2011 Division Newsletter
• Summer 2011 Division Newsletter
• Spring 2011 Division Newsletter

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Resources

Helpful resources for both industry and consumers.

Industry Interpretive Letters FTC Red Flags Rule

Consumers Verify A WA Mortgage Broker License Nationwide License Verification System Foreclosure Assistance Guide to Home Loans Guide To Interest Rates In Washington State

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Contact Us

Our office hours are 8 am - 5 pm  PST. (Monday-Friday) Our call center hours are 11 am - 5 pm PST.

Phone:	(360) 902-8703	Toll Free:	1-877 RING DFI (746-4334)
Fax:	(360) 664-2258	Email:	dcs@dfi.wa.gov

Mailing Address

For U.S. Postal Service: Department of Financial Institutions Division of Consumer Services PO Box 41200 Olympia WA 98504-1200

For Overnight Delivery: Department of Financial Institutions Division of Consumer Services 150 Israel Rd SW Tumwater WA 98501

* This document is a PDF file, and you will need Adobe Acrobat Reader to view it. If you don't already have Acrobat Reader installed on your computer, you may download it for free from Adobe.

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