Auto broker florida license

The term includes an individual who is required to be licensed as a loan originator under the S. Mortgage Licensing Act of The term does not include an employee of a mortgage broker or mortgage lender whose duties are limited to physically handling a completed application form or transmitting a completed application form to a lender on behalf of a prospective borrower.

Mortgage Broker Branch: This license is required for mortgage broker licensees who conduct business at locations other than their principal place of business: The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are originated or negotiated. At which mortgage loans are originated or negotiated by a licensee.

ML: Mortgage Lender — Chapter , Florida Statutes: This license is required for an entity making a mortgage loan for compensation or gain, directly or indirectly, or selling or offering to sell a mortgage loan to a noninstitutional investor. Mortgage Lender Servicer — The mortgage lender servicing license is required for any mortgage lender licensee who services a mortgage loan.

The servicing license authorizes a mortgage lender to service a loan for more than 4 months. MLB: Mortgage Lender Branch — Chapter , Florida Statutes: This license is required for mortgage lender licensees who conduct business at locations other than their principal place of business: The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are originated, negotiated, or funded; At which mortgage loans are originated, negotiated, or funded by a licensee.

Mortgage Lender Servicer Branch — This license is required for mortgage lender servicer licensees who conduct business at locations other than their principal place of business: The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are serviced; or At which mortgage loans are serviced by a licensee.

This license authorizes the holder to sell currency in exchange for payment instruments received, except for traveler's checks and foreign-drawn payment instrumentation. A "deferred presentment provider" is licensed under Chapter , Florida Statutes, Part II or Part III, and engages in a deferred presentment transaction, which is to provide currency or a payment instrument in exchange for a person's check and agreeing to hold the person's check for a period of time prior to presentment, deposit, or redemption.

The license authorizes the holder to exchange currency of the U. This license authorizes the holder to transmit currency, monetary value, or payment instruments, either by wire, facsimile, electronic transfer, courier, the Internet, or through bill payment services or other businesses that facilitate such transfer, within this country or to or from locations outside this country.

The license authorizes the holder to sell or issue checks, drafts, warrants, money orders, traveler's checks or other instruments, or to advertise such activity, for consideration. This license is required by firms that sell and finance automobiles, trucks, trailers, RV's, motorcycles, and mobile homes.

In addition to the main location license, any subsequent location in another county other than the main office must be filed as a MVB: Motor Vehicle Retail Installment Branch Office by way of online. RS: Retail Installment Seller — Chapter Part II, Florida Statutes: The license authorizes any retail business to offer installment payments to its customers, for goods or services other than motor vehicle and home improvement businesses.

The license authorizes the holder to finance the goods or services sold by an installment contract or a revolving charge account to a retail buyer. The license is required if the goods or services are primarily for personal, family or household use. In addition to the main location license, any subsequent location other than the main office must be filed as a RSB: Retail Installment Seller Branch by way of online. SF: Sales Finance — Chapter Part III, Florida Statutes: The license authorizes any business to purchase retail installment contracts from entities licensed in Florida as motor vehicle installment sellers, retail installment sellers or home improvement finance sellers.

In addition to the main location license, any subsequent location other than the main office must be filed as a SFB: Sales Finance Company Branch by way of Online Services. The license is required for a contractor who repairs, remodels or adds improvements to a single family residence pursuant to a written agreement, and when a mortgage lien on the property is retained as security. A home improvement contractor may also need a Retail Installment Seller license for contracts on which there is no mortgage taken as security for the loan.

Learn more. You are a new kind of dealership — an Auto Broker! Your clients love you and they tell everyone they know about you. With the right personality, you can make six figures a year with no problem. This is a NICE car business!

You want to buy common cars that are easy to find and buy — no weird colors or options. I will teach you how to take profitable orders! Do not accept a job looking for a needle in the haystack unless you get a nonrefundable auto broker fee!

You set the terms of your job. This is MY favorite business model. Once your application, documents, and fees are ready, submit everything to the Bureau of Dealer Services Regional Office responsible for your motor vehicle dealership. Types of Florida Dealer Licenses You must obtain a motor vehicle dealer license if you will be: Buying, selling, leasing, or dealing 3 motor vehicles or more within a period of 12 months.

Franchise Dealers VF : For those with a manufacturer agreement, selling new motor vehicles and, if they choose, used motor vehicles, too. For more information about becoming another type of motor vehicle dealer—such as a recreational vehicle or motor home dealer—refer to either of the following: Florida Motor Vehicle Dealer License Requirements brochure.

You should hold off on signing the lease for your prospective business location until completing this inspection. Enroll in a licensed Florida dealer training program. If you would like to download general information e. Select Search Type. Search Clear Back.