SAFE ACT Mortgage Licensing

The SAFE ACT is designed to enhance consumer protection and reduce fraud by encouraging states to establish minimum standards for the licensing and registration of state-licensed mortgage loan originators and for the conference of State Bank Supervisors and American Assoc of Residential mortgage industry for the purpose of achieving the following objectives:


  1. Provide uniform license applications and reporting requirements for state licensed-loan originators;
  2. providing a comprehensive licensing and supervisory database;
  3. Aggregating and improving the flow of information to and between regulators;
  4. Providing increased accountability and tracking of loan originators;
  5. Streamlining the licensing process and reducing regulatory burden;
  6. Enhancing consumer protections and supporting anti-fraud measures;

Community Mortgage Lending is an approved SAFE ACT Mortgage Lender. We are held to a higher Standard then Banks are currently required to meet.

Are loan originators are all required to have FBI criminal back ground checks and finger printing. They are also required to pass a national safe act mortgage license test and have 20 hours of education.The banks are not required to go thru this diffcult testing process. So be assured when working with a mortgage lender you will be offered great rates and much better servce than you can get from the big banks. We also require are loan officers to attend all loan closings. We are there with you ever step of the way.