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Mortgage Laws and Rules

On April 21, 2014, Governor Deal signed House Bill 750 into law and it became effective upon his signature.  This amendment to the Georgia Residential Mortgage Act exempts employees of certain nonprofit corporations who originate mortgage loans and have been determined by the Department to satisfy certain enumerated criteria from having to obtain mortgage loan originator licenses.  House Bill 750 can be viewed at http://www.legis.ga.gov/Legislation/20132014/143768.pdf.

Laws governing the residential mortgage industry are primarily found in Title 7, Chapter 1, Article 13 of the Official Code of Georgia Annotated (O.C.G.A.). 

Please note that other Georgia laws, as well as federal laws and regulations, may apply to the activities of residential mortgage lending.  Access to the entire Georgia Code is provided by LexisNexis from the Georgia General Assembly's website. Go to the Official Code of Georgia (O.C.G.A.).  **Please note that the O.C.G.A. is provided by the State of Georgia from the Georgia General Assembly's website, so you will be leaving the Department's website if you click on the link to O.C.G.A. above.

**Changes to O.C.G.A. that are brought about by bills passed during the most recent legislative session may not yet be posted.

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Georgia Fair Lending Act (GAFLA)73.87 KB
Georgia Fair Lending Act (GAFLA):

Rules governing the residential mortgage industry are primarily located at Chapter 80-11.  Certain application, investigation, supervision, examination and other fees are also found at Chapter 80-5.

The above links will redirect you to the Georgia Secretary of State's website. The Rules and Regulations of the State of Georgia is a compilation of the rules and regulations of state agencies that have been filed with the Office of Secretary of State pursuant the Georgia Administrative Procedures Act, O.C.G.A.§ 50-13-1 et seq.  Rules published on the Secretary of State's website also contain the Administrative History for Chapter 80, as well as the history of each Rule, which gives the date on which the Rule was originally filed and its effective date, as well as the date on which any amendment or repeal was filed and its effective date.

An “official” compilation of the Rules and Regulations of the State of Georgia may be obtained from the designated legal publisher as indicated on the Secretary of State's website: http://sos.ga.gov/index.php/General/rules_and_regulations