Under which condition does a person not need a mortgage loan originator license?

A person does not need a mortgage loan originator license when performing clerical tasks for licensed originators because these activities do not involve negotiating loan terms or facilitating loans directly with borrowers. Clerical work typically includes administrative duties such as data entry, scheduling appointments, or managing paperwork for licensed professionals. Since these tasks are supportive and do not influence the terms of loans or the lending process, they fall outside the scope of activities that require a license.

In contrast, negotiating terms for new loans, servicing mortgage loans, and initiating timeshare credit are directly involved in the mortgage lending process, which requires a mortgage loan originator license to ensure compliance with regulations and protect consumers in their financial transactions.