What term refers to a company licensed under Chapter 454F in Hawaii?

The term "Mortgage Loan Company" refers specifically to a company that is licensed under Chapter 454F in Hawaii. This designation encompasses businesses that engage in the origination, processing, or management of mortgage loans, which aligns with the regulations set forth in the state's mortgage industry laws. Chapter 454F outlines the requirements and standards for companies involved in lending activities, ensuring that they operate under a framework that provides consumer protection and maintains industry integrity.

In contrast, a "Mortgage Company" could be a broader term that encompasses various mortgage-related businesses, not necessarily adhering specifically to the stipulations of Chapter 454F. The title "Loan Processor" refers to individuals who assist in the processing of loans but do not hold a license as a company under this chapter. Lastly, "Independent Contractor" is a classification that pertains to individuals performing services for a company or lender but does not represent a specific type of company under Chapter 454F.