HUD Mini Eagle States for Exemption

LICENSE EXEMPTIONS DUE TO STATUS AS:

MINI EAGLE

HUD Approved Correspondent Lenders

A. Exemption Registrations
  • Missouri - Lender Registration
B. Difficult to Get State to Confirm in Writing
  • Hawaii - Broker
    • -State will not provide Written Confirmation

C. Exemptions Eliminated

  • Alabama-Broker
    • -applies to AL Offices only
  • Indiana-Broker
    • -Eliminated 7/1/08-License Required
  • Kentucky- Broker
    • -Effectively eliminated by new rule that must have held HUD approval for 5 yrs. to qualify
  • Mississippi- Broker
    • -Eliminated-License Required

D. No Exemption but Other Benefits

  • Tennessee - Broker Registration
    • -No exemption, but elimination of Bond