Final Order Denying Loan Originator License Application for Eric Joseph Figueroa

Index: OFR 2026 - 498 ' '
/ OOCKETEO ,
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
ERIC JOSEPH FIGUEROA, Case Number: 139507
Petitioner.
FINAL ORDER
The State of Florida, Office of Financial Regulation ("Office"), being authorized and directed to administer and enforce chapter 494, Florida Statutes, hereby enters this Final Order with Notice of Rights ("Final Order") as authorized by the provisions of chapters 120 and 494, Florida Statutes, against ERIC JOSEPH FIGUEROA ("Petitioner"). FINDINGS OFF ACT

1. On August 21, 2026, the Office issued a Notice of Intent to Deny Application for
   Loan Originator License Pursuant to Chapter 494, Florida Statutes ("Notice oflntent to Deny") to Petitioner, with true and correct copies furnished via U.S. mail to Petitioner's mailing address of record and via email to Petitioner's email address ofrecord. (Exhibit A)
2. The Notice of Intent to Deny had attached thereto a Notice of Rights, which fully
   advised Petitioner that he had twenty-one (21) days after the receipt of the Notice of Intent to Deny within which to petition the Office for an administrative hearing to contest the allegations set forth in the Notice oflntent to Deny, in accordance with sections 120.569 and 120.57, Florida Statutes, including the following information:
   YOUR FAILURE TO RESPOND TO THIS NOTICE OF
   INTENT TO DENY WITHIN TWENTY-ONE (21) DAYS OF
   RECEIPT WILL CONSTITUTE A W AIYER OF YOUR

RIGHT TO REQUEST A HEARING, AND A FINAL ORDER
WILL BE ENTERED WITHOUT FURTHER NOTICE.
3. To date, the Office has not received a written response or a request for hearing from
Petitioner, and/or a claim of equitable tolling.
4. The uncontested allegations in the Notice of Intent to Deny are hereby incorporated
by reference and adopted as Findings of Fact in this Final Order.
CONCLUSIONS OF LAW
5. The Office is responsible for the administration and enforcement of chapter 494,
Florida Statutes.
6. Pursuant to chapter 494, Florida Statutes, the Office has jurisdiction over the
subject matter and Petitioner.
7. The Findings of Fact herein serve as the basis of the entry of this Final Order against
Petitioner.
8. Section 120.569(2)(a), Florida Statutes, and Rule 28-106.111(2), Florida
Administrative Code, require, among other things, that a response or a petition to an action which affects the substantial interests of a party be filed with the agency within 21 days of receipt of written notice of the action.
9. Pursuant to Rule 28-106.111(4), Florida Administrative Code, the failure of
Petitioner to timely respond to the Notice of Intent to Deny constitutes a waiver of Petitioner's right to an administrative proceeding.
10. The doctrine of equitable tolling can be applied in administrative cases when a party
has been misled or lulled into inaction, i.e., has in some extraordinary way, been prevented from asserting his rights, or has timely asserted his rights in the wrong forum. Machules v. Dept. of Admin., 523 So.2d 1132, 1134 (Fla. 1988).

11 . Without any evidence of equitable tolling, it is appropriate for the Office to conclude there was none. Patz v. Dept. of Health, 864 So.2d 79, 80 (Fla. 3d DCA 2003).
12. The Notice of Intent to Deny was properly addressed and mailed to Petitioner at his
mailing address, and therefore was received by Petitioner. See Brown v. Giffen Indus., Inc., 281 So.2d 897, 900 (Fla. 1973).
13. Because Petitioner failed to timely file a petition or any other document in response
to the Notice of Intent to Deny, and/or failed to present a claim of equitable tolling the waiver of the right to an administrative hearing by Petitioner is complete. See Patz at 80.
14. The legal conclusions that form the basis for denial as set forth in the Notice of
Intent to Deny, being uncontested by Petitioner, are accepted as true and correct and are adopted by the Office as Conclusions of Law for purposes of this Final Order.
15. Petitioner's waiver of his rights to a hearing, taken together with the Findings of
Fact and Conclusions of Law adopted herein constitute sufficient grounds to deny Petitioner's license application. Based on the foregoing Findings of Fact and Conclusions of Law, it is hereby ORDERED:
A. Petitioner's application for a license as a Loan Originator pursuant to chapter 494, Florida Statutes, is hereby DENIED. DONE and ORDERED this /2.--il,. day of October, 2026, in Tallahassee, Leon County, Florida. Commissioner

NOTICE OF RIGHTS
A PARTY WHO IS ADVERSELY AFFECTED BY THIS FINAL ORDER IS ENTITLED TO JUDICIAL REVIEW PURSUANT TO SECTION 120.68, FLORIDA STATUTES. REVIEW PROCEEDINGS ARE GOVERNED BY THE FLORIDA RULES OF APPELLATE PROCEDURE. SUCH PROCEEDINGS ARE COMMENCED BY FILING THE ORIGINAL NOTICE OF APPEAL WITH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AS FOLLOWS:
By Mail, Facsimile or Email
Agency Clerk
Office of Financial Regulation
Office of General Counsel
P.O. Box 8050
Tallahassee, FL 32314-8050
Phone: (850) 410-9889
Fax: (850) 410-9663
Email: Agency.Clerk@flofr.gov
OR By Hand Delivery
Agency Clerk
Office of Financial Regulation
Office of General Counsel
The Fletcher Building
101 East Gaines Street
Tallahassee, FL 32399
Phone: (850) 410-9889
A COPY OF THE NOTICE OF APPEAL, ACCOMPANIED BY THE FILING FEES AS REQUIRED BY LAW, MUST ALSO BE FILED WITH THE DISTRICT COURT OF APPEAL, FIRST DISTRICT, 2000 DRAYTON DRIVE, TALLAHASSEE, FLORIDA 32399-0950, OR WITH THE DISTRICT COURT OF APPEAL IN THE APPELLATE DISTRICT WHERE THE PARTY RESIDES. THE NOTICE OF APPEAL MUST BE FILED WITH BOTH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AND THE DISTRICT COURT OF APPEAL WITHIN 30 DAYS OF THE RENDITION OF THE ORDER TO BE REVIEWED.

CERTIFICATE OF SERVICE
I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order was furnished to Eric Joseph Figueroa by U.S. Mail to 500 SW 130 Terrace Apt 411 , Pembroke Pines, Florida 33027, and by electronic mail to info@realestate.international on this } ~ day of October, 2026.

• ncial Regulation
  ce ox 8050 ss , FL 32314-8050
  Em : 0 ency.Clerk@flofr.gov
  Tel: 850) 410-9889

Commissioner Russell C. Weigel, III
August 21, 2026
Eric Joseph Figueroa
500 SW 130 Terrace Apt 4 Jl
Pembroke Pines, Florida 33027 info@rea)estate.international VIA U.S. MAIL AND ELECTRONIC MAIL Exhibit A RE: Notice of Intent to Deny Application for Loan Originator License Pursuant to
Chapter 494, Florida Statutes
NMLS No.: 2673209
File No.: 167613
OFR Case No.: 139507
NOTJCE IS l1, 494.00312, and 120.60,
Florida Statutes, and the State of Florida, Office of Financial Regulation ("Office'), by this letter intends to deny Eric Joseph Figueroa's application for licensure as a loan originator in the State of Florida. The reasons for the denial are as folJows:
FINDINGS OF FACT
l. Eric Joseph Figueroa ("Applicant") applied for a loan originator license with the Office on
April 14, 2026.
2.
3.
4. and provided Applicant an opportunity to supply the
Office with an explanation, along with any information Applicant believed was relevant to the Office's determination ("written notification"). www.flofr.gov 200 East Gaines Street, Tall~. Florida 32399-0370 (850) 487-9687 • f AX (850) 410-9663

5. In response to the Office's written notification. A Hcant submitted written responses to
   the Office regarding the along with documentation of his income for a portion of year 2025 and a portion of year 2026, all of which were considered by the Office. CONCLUSIONS OF LAW

6. Pursuant to section 494.0011, Florida Statutes, the Otlice has jurisdiction over loan
   originators and is responsible for the administration and enforcement of the provisions of
   chapter 494, Florida Statutes.

7. Pursuant to section 494.0025(1), Florida Statutes, a person may not act as a loan
   originator in this state without a license pursuant to part II of chapter 494.

8. Pursuant to section 494.001(18), Florida Statutes, "loan originator" means:
   [A]n individual who, directly or indirectly, solicits or offers to solicit a mortgage loan, accepts or offers to accept an application for a mortgage loan, negotiates or offers to negotiate the terms or conditions of a new or existing mortgage loan on behalf of a borrower or lender, or negotiates or offers to negotiate the sale of an existing mortgage loan to a noninstitutional investor for compensation or gain. The term includes an individual who is required to be licensed as a loan originator under the S.A.F .E. Mortgage Licensing Act of 2008.

9. Pursuant to section 494.00312(4)(b), Florida Statutes, the Office may deny a license to an
   applicant who fails to demonstrate the character, general fitness, and financial responsibility necessary to command the confidence of the community and warrant a detennination that the applicant will operate honestly, fairly, and efficiently. IO. 11. 12. 13.

10. Applicant has failed to demonstrate the
    ponsibility necessary to command the confidenc.e of the community and to warrant a determination from the Office that Applicant will operate hon • • • • • 494.003 I 2( 4 )(b ), Florida Statutes, therefore grounds exist to deny Eri o e 1gueroa s a p 1ca 1 . The facts stated herein are grounds to deny Eric Joseph Figueroa's loan originator license a lication based on the above enumerated rovisions of chapter 494, Florida Statutes, - Accordingly. by this letter, the Office of financial Regulation hereby notifies Eric Joseph Figueroa of its intent to deny his application for licensure as a loan originator. NOTICE OF RIGHTS Please be advised that pursuant to Sections 120.569 and 120.57, Florida Statutes, you may request a hearing to contest this action by the Office. Requests for such a hearing must comply with the provisions of Rule 28-106.104(2), Florida Administrative Code, Rule 28-106.201, Florida Administrative Code, or Rule 28-106.301, Florida Administrative Code, and must be filed with:
    By Mail or E-mail
    Agency Clerk
    Office of Financial Regulation
    P .0. Box 8050
    Tallahassee, Florida 32314-8050
    Phone: (850) 410-9889
    Agency.Clerk@tlofi-.gov
    OR
    By Hand Deliven
    Agency Clerk
    Office of Financial Regulation
    General Counsel's Office
    The Fletcher Building
    101 East Gaines Street, Suite 504
    Tallahassee, Florida 32399-0379
    Phone: (850) 4 I 0-9889
    Your request must be filed within twenty-one (21) days of the date of receipt of this Notice of Intent to Deny. t a " time rior to 1he ex i tion of the I daYs. ,-ou a· withdraw 'our application for a loan ori!!inator license throu!!h the Nationwide Multistate Licensing System and bv notifvinu the Office in writint?. Submit vour written withdrawal notice to Mareo DuVaJ. Assistant General Counsel. P.O. Box 8050. Tallahassee. Florida 32314-8050. or at margo.duvaUiNlofr.uov. In the event that vou withdraw vour application. no license wilJ be issued. YOUR FAILURE TO RESPOND TO THIS NOTICE OF INTENT TO DENY WITHIN TWENTY-ONE (21) DAYS OF RECEIPT WILL CONSTITUTE AW AIVER OF YOUR RIGHT TO REQUEST A HEARING, AND A FINAL ORDER WILL BE ENTERED WITHOUT FURTHER NOTICE. Jf you request a hearing, you will have the right to be represented by counsel or other qualified representative; to offer testimony, either written or oral; to call and cross-examine witnesses; and to have subpoenas and subpoenas duces tecum issued on your behalt: Pursuant to
    section 120.573, Florida Statutes, mediation is not available.

NOTICE TO APPLICANT
In acc-0rdance with the Americans with Disabilities Act, persons with disabilities needing a special accommodation to participate in this proceeding should contact the Agency Clerk no later than seven (7) days prior to the filing deadline or proceeding, at the Office of Financial Regulation, 200 East Gaines Street, Tallahassee, Florida 32399, Phone: (850) 410-9889, or by E-mail:
agency.clerk@flofr.gov.
If you have any questions regarding any of the matters discussed in this letter, please contact Margo DuVal, Assistant General Counsel, Office of Financial Regulation, at (850) 410- 9824. Sincerely, 8i/tift,1.Df,, for Gregory C. Oaks Gregory C. Oaks, Director Division of Consumer Finance CERTIFICATE OF SERVICE l hereby certify that a true and correct copy of the foregoing was furnished to Eric Joseph Figueroa by U.S. mail to 500 SW 130 Terrace, Apt 411, Pembroke Pines, Florida 33027, and by electronic mail to info@realestate.intemational, on this 24th day of August, 2026. It/( /Jv '$_, 71 I.~,, Vrtz Margo k . Du Val Assistant General Counsel Office of Financial Regulation Office of General .Counsel Fla. Bar No. J 22205 200 E Gaines Street Tallahassee, FL 32399 Tel: (850) 410-9824 Email: margo.duval@flofr.gov

STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
Case No: 139507
Eric Joseph Figueroa
500 SW 130 Terrace Apt 411
Pembroke Pines, Florida 33027
ELECTION OF PROCEEDING
I have received and read the Notice of Intent to Deny, Including the Notice of Rights, filed by the Office of Financial Regulation ("Office") regarding the above-referenced applicant, and I am requesting disposition as indicated below. PLEASE SELECT ONLY ONE OF THE OPTIONS:
OPTION #1: D I would like to withdraw my application.
OPTION #2: D I ~.!!.2! request a hearing in this matter. I do not dispute any of the Office's factual allegations and application of the law as stated in the Notice of Intent to Deny. I understand that upon my waiving the right to a hearing, the Office may enter a final order denying Hcensure as set forth in the Notice of Intent to Deny. OPTIO #3: 0 I do not dispute any of the Office's factual allegations but dispute the Office's conclusions of law to those factual allegations, and request disposition of this matter by informal hearing pursuant to section 120.57(2), Florida Statutes. I request to (CHECK ONLY ONE OF THE FOLLOWING 2 OPTIONS):
a. D Attend a hearing bv video teleconference before a Hearing Officer appointed by the Office; OR b. D Submit a written statement with supporting documentation to a Hearing Officer appointed by the Office. OPTION #4: 0 I do dispute one or more of the Office's factual allegations. I request a hearing before the Division of Administrative Hearings (DOAH) pursuant to section 120.57(1), Florida Statutes. In accordance with Rule 28-106.201(2)(dl, FAC, I am attaching a copy of the material tacts that I dispute. TO PRESERVE YOUR RIGHT TO A HEARING, A RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION AGENCY CLERK NO LATER THAN 5:00 P.M. ON OR BEFORE THE TWENJY-ffRST DAV AFTER RECEIPT OF THE NOTICE OF INTENT TO DENY, AS FOLLOWS:

1. By email: Agency.Clerk@flofr.gov; or
2. By U.S. Mail: P.O. Box 8050, Tallahassee, Florida 32314-8050; or
3. By hand delivery; Office of General Counsel, Suite 504, Fletcher Bldg., 101 E. Gaines Street, Tallahassee, FL 32399.
   Signature of Applicant or Mailing Address
   Authorized Representative of Applicant
   Printed Name & Title City State Zip
   Date E-mail Address Telephone Number
   Form: OFR-GC-14 (rev. 1/28/2026)

Case No: 139507
Eric Joseph Figueroa
500 SW 130 Terrace Apt 411
Pembroke Pines, Florida 33027
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
YOU ARE TO COMPLETE THE FOLLOWING ONLY IF YOU HAVE CHECKED OPTION #4 ON THE PRECEDING PAGE. If you need more space, you may provide additional pages. As the applicant or the authorized representative of the applicant, I am disputing the following material facts:
Signature of Applicant or Authorized Representative Date Form: OFR-GC-14 (rev. 1/28/2026)

Florida Office of Financial Regulation
200 East Gaines Street I Tallahassee, Florida 32399-0370 RETURN SERVICE REQUESTED t" Eric Joseph Figueroa 500 SW 130 Terrace Apt 411 Pembroke Pines, Florida 33027

Duval, Margo
From:
Sent:
To:
Cc:
Subject:
Attachments:
Duval, Margo
Monday, August 24, 2026 10:56 AM
'i nfo@realestate.i nternational'
OFR Notice Of Intent Filings
Eric Joseph Figueroa - Notice of Intent to Deny - Case No. 139507 139507 - ERIC JOSEPH FIGUEROA - Notice of Intent to Deny.pdf; 139507 - ERIC JOSEPH FIGUEROA - EOP.pdf STATE OF FLORIDA OF'FICE OF FINANCIAL REGULATION Io Re:
ERIC JOSEPH FIGUEROAt CaseNumbe·: 139507
Petitioner.
Dear Eric Joseph Figueroa,
Attached, please find a Notice of Intent to Deny your application for a Florida loan originator license, as well as an Election of Proceeding form outlining your due process rights. Sincerely, Margo A. Du Val Senior Attorney Office of General Counsel Office of Financial Regulation 200 E. Gaines Street Tallahassee, FL 32399 Office: (850) 410-9824 Promoting a safe marketplace for financial success Please note that pursuant to chapter 119, Florida Statutes, correspondence with the Office of Financial Regulation is considered public record. This correspondence is available to the public upon request unless exempt from disclosure.