Florida is the most military friendly state in the nation, with more than 1.5 million military veterans living in the Sunshine State. Last year, the Florida Legislature passed House Bill 29 to help military members in Florida by allowing for certain financial services business licensure fees to be reimbursed.
Through the Don Hahnfeldt Veteran and Military Family Opportunity Act, the Florida Office of Financial Regulation offers reimbursement of fees associated with licensure of mortgage loan originators and securities associated persons to active members of the military, veterans, and spouses in Florida.
CFO Jimmy Patronis said, “After their faithful service to our country, we owe our veterans and military members the opportunity to succeed at home. By reaffirming this commitment and removing licensure obstacles, we give Floridians who donned a uniform more options to prosper professionally.”
Interim Commissioner Pamela Epting said, “The OFR is proud to offer the military fee reimbursement program to veterans and their families. We appreciate their service and sacrifice, and we’re grateful for the opportunity to serve as a resource and assist with their licensure needs.”
If you hold a current mortgage loan originator or securities associated persons license or registration in Florida and you are also currently serving, or have formerly served, as an active duty member of the United States Armed Services, or are also a spouse of such a member, you may be eligible to seek reimbursement of fees. Please review, complete and submit the waiver form to the Florida Office of Financial Regulation for reimbursement.
Current licensees with questions on the reimbursement process may call (850) 487-9687.