Colorado Allows Mortgage Business at Remote Locations

Colorado passed a bill allowing allow mortgage business at remote locations. Under the bill, supervised lenders licensed under the Uniform Consumer Credit Code may conduct mortgage business at a remote location if certain conditions are met. “Remote Location” means a private residence of an employee of a lender or another location selected by the employee and approved by the lender.

Click to view the Colorado House Bill 22-1410: https://www.tenaco.com/wp-content/uploads/2022/06/CO-HB-1410-06-09-22.pdf