Yes, per State regulations an individual has to be licensed to be a Lender. There are a couple difference licenses but, we are licensed with the California Department of Real Estate as well as licensed through the Nationwide Multistate Licensing System. Annually we also have an 8-hour continuing education we must do, required by the State. Our Broker is additionally licensed as a Broker with the California DRE and our licensed Loan Originators all regularly attend the quarterly California Mortgage Association Conferences, to keep up on any & all private money regulation changes, advancement of programs available, etc.