HRS §454F-24
When mortgage servicer employees can skip loan originator licensing
Read the official text at capitol.hawaii.gov ↗This section says an employee of a mortgage servicer does not need to register or get licensed as a mortgage loan originator if their work is part of their job and they only handle residential loan modifications or process loan assumption approvals. The exemption is narrow and only applies to those specific tasks.
employeesmortgage lenders
The statute, as written — Limited exemption for mortgage loan originators employed by mortgage servicers
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
An employee who performs mortgage loan originator activities for a mortgage servicer is exempt from registration and licensure as a mortgage loan originator; provided that: (1) The employee's actions are part of the employee's duties as an employee of the mortgage servicer; and (2) The employee's mortgage loan originator services are limited to residential loan modifications and processing the approval of loan assumptions.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.