Under what condition can a loan originator solicit?

A loan originator may only solicit under the name of their sponsoring entity because this ensures compliance with regulatory standards and reflects the proper business licensing. The sponsoring entity typically holds the necessary licenses and fulfills the required legal obligations to operate in mortgage lending. This connection reinforces trust with consumers, as they are dealing with a recognized and regulated entity rather than an individual operating independently.

Using a personal alias or soliciting under any name not registered with the sponsoring entity could create confusion and misrepresentation, violating licensing laws and ethical standards. Additionally, being listed on an official state registry, while important for identification and legitimacy, does not permit an individual to solicit under any name they may choose; it rather reinforces that they are operating legally under their principal entity’s name.