WBK Industry News - State Regulatory Developments

Florida Implements LO Licensing and Renewal Fee Waiver for Active Military, Veterans, and Spouses

Florida has adopted a new Active Military Member/Veteran/Spouse Application and Renewal Fee Waiver Request form, implementing a recent statutory amendment that provides for a fee waiver for military personnel, veterans, and spouses seeking issuance or renewal of a Florida Loan Originator license.

Eligibility requirements and procedures for the fee waiver for new applications are set forth in Chapter 494.00312(8), and for license renewal in Chapter 494.00313(4).

The new Form OFR-MIL-001 may be downloaded here.