Posted by Brad Crouch on December 15, 1999 at 03:57:22:
Wouldn’t this be the same as a notebuyer buying a 2nd mortgage? What about the old standby, “as long as you are a principal in the deal, no license is required”?
I would think that especially if you did not do this as a regular business (for others), there would be no problem.
With a “referral fee” arrangement with a loan officer, I would think this could be a good “program”.