What document must a domestic corporation submit when applying for a mortgage lender license in California?

When applying for a mortgage lender license in California, a domestic corporation must submit a certificate of good standing. This document serves as proof that the corporation is duly registered and compliant with state regulations, confirming that it is authorized to conduct business and has fulfilled all necessary filing requirements. The certificate essentially reflects the corporation's current status, ensuring that it is active and has not encountered any legal issues that might impede its ability to operate as a mortgage lender.

The certificate of good standing provides assurance to regulators and consumers alike that the business is legitimate and maintains the required legal standing to engage in mortgage lending activities. It is a critical part of the application process to demonstrate the corporation's credibility and reliability in the industry.

Other options do not fulfill this specific requirement. A certificate of incorporation is a foundational document that establishes the corporation but does not provide current status. A certificate of insurance, while important for risk management and protecting against liability, is not required for licensing. A certificate from the IRS pertains to tax status and compliance rather than the authority to operate as a mortgage lender in California.