5 MAC Pt. 2, Ch. 1, R. 1.3
Qualifying Individuals
Cite as 5 Miss. Admin. Code Pt. 2, Ch. 1, R. 1.3
Qualifying Individuals
A Licensee must name one (1) qualifying individual who is an owner or employee of the licensee
and will be primarily responsible for the operations of the licensee. The qualifying individual
must have a minimum of two (2) years’ experience directly related to mortgage activities. Proof
of experience includes, but is not limited to:
1.
Letter(s) from previous or current employer(s) stating the qualifying individual’s job
description, and length of employment.
2.
Copies of other state licenses.
Note: Resumes and W-2 forms may be included but are not sufficient proof of experience.