Wash. Rev. Code § 19.146.040
Written contract required—Contract entered by loan originator binding on mortgage broker—Written loan broker agreement required
Washington · Revised Code of Washington Chapter 19.146 — Mortgage Broker Practices Act · Status: effective
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- Citation
- Wash. Rev. Code § 19.146.040, Written contract required—Contract entered by loan originator binding on mortgage broker—Written loan broker agreement required, Washington, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1496953
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Full text
(1) Every contract between a mortgage broker, or a loan originator, and a borrower must be in writing and contain the entire agreement of the parties.
(2) Any contract under this section entered by a loan originator is binding on the mortgage broker.
(3) A mortgage broker must have a written loan broker agreement with a lender before any solicitation of, or contracting with, the public.