An individual begins originating for a licensed Georgia broker on 1 May 2026 with no license and no federal authority. May the individual originate before obtaining the required Georgia license?
Correct Answer
A) Prohibited: a current Georgia originator license must be obtained first
An originator may not engage in the business of origination for a licensed Georgia broker or lender without first obtaining and maintaining a current Georgia originator license issued through the Registry, unless qualified under the federal temporary authority provisions. Other choices: the employer license does not cover individuals; there is no 30-day processing grace; and a prior Georgia license is not what permits it. Source: Ga. Comp. R. & Regs. 80-11-5-.01(1)
Why This Is the Correct Answer
An originator may not engage in the business of origination for a licensed Georgia broker or lender without first obtaining and maintaining a current Georgia originator license issued through the Registry, unless qualified under the federal temporary authority provisions. Other choices: the employer license does not cover individuals; there is no 30-day processing grace; and a prior Georgia license is not what permits it. Source: Ga. Comp. R. & Regs. 80-11-5-.01(1)
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