State Licenses & Compliance

Review our state-by-state lending capabilities for Business Purpose Mortgages. OptionOne Capital Corporation is a registered direct lender dedicated to transparent and compliant financing.

Business Purpose State Eligibility

Eligibility matrix for Business Purpose Loans or investment property loans based on borrower entity and originator licensing conditions.

State	Natural Person			LLC Entity
State	Company Unlicensed LO Unlicensed	Company Licensed LO Unlicensed	Both Licensed LO & Co. Licensed	Company Unlicensed LO Unlicensed	Company Licensed LO Unlicensed	Both Licensed LO & Co. Licensed
Alabama	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Alaska	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Arizona	Ineligible	Eligible	Eligible	Ineligible	Eligible	Eligible
Arkansas	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
California	Ineligible	Eligible	Eligible	Ineligible	Eligible	Eligible
Colorado	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Connecticut	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Delaware	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Florida	Ineligible	Ineligible	Eligible	Eligible	Eligible	Eligible
Georgia	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Hawaii	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Idaho	Ineligible	Ineligible	Eligible	Ineligible	Ineligible	Eligible
Illinois	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Indiana	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Iowa	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Kansas	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Kentucky	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Louisiana	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Maine	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Maryland	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Massachusetts	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Michigan	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Minnesota	Ineligible	Eligible	Eligible	Ineligible	Eligible	Eligible
Mississippi	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Missouri	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Montana	Ineligible	Eligible	Eligible	Eligible	Eligible	Eligible
Nebraska	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Nevada	Ineligible	Ineligible	Eligible	Ineligible	Ineligible	Eligible
New Hampshire	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
New Jersey	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
New Mexico	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
New York	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
North Carolina	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
North Dakota	Ineligible	Eligible	Eligible	Ineligible	Eligible	Eligible
Ohio	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Oklahoma	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Oregon	Ineligible	Ineligible	Eligible	Ineligible	Ineligible	Eligible
Pennsylvania	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Rhode Island	Ineligible	Eligible	Eligible	Ineligible	Eligible	Eligible
South Carolina	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
South Dakota	Ineligible	Ineligible	Eligible	Ineligible	Ineligible	Eligible
Tennessee	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Texas	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Utah	Ineligible	Ineligible	Eligible	Ineligible	Ineligible	Eligible
Vermont	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Virginia	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Washington	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
West Virginia	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Wisconsin	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
Wyoming	Eligible	Eligible	Eligible	Eligible	Eligible	Eligible
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Effective 01.01.2026 Informational Purposes Only OptionOne is not a law firm. This is not legal advice.

Equal Housing Lender

OptionOne Capital is an Equal Housing Lender. OptionOne Capital does not discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided an applicant has the capacity to enter into a binding contract), an applicant's income being derived from any public assistance program, or applicant having, in good faith, exercised any right under the Consumer Credit Protection Act, or on any other basis prohibited by law.

Texas Required Disclosure

Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department's website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550.

Mortgage Industry Recovery Fund Notice:

The department maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed mortgage company residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's website at www.sml.texas.gov.