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Discussions tagged with 'realtors'
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Many mortgage companies do not allow real estate agents to become loan officers at their mortgage company. Licensed realtors need to surrender their real estate license and put the real estate license in hibernation if the mortgage lender is going to sponsor them. This is not the case at NEXA Mortgage. Realtors can become loan officers at the same time and can represent their homebuyers as their loan officers on the same transaction. Here is the blog that was posted on this matter:
https://gustancho.com/can-realtors-be-loan-officers/
- This discussion was modified 8 months, 2 weeks ago by Gustan Cho.
gustancho.com
Can Realtors Be Loan Officers at the Same Time?
Can Realtors Be Loan Officers and make money on the same transaction? The dual realtor/MLO gets compensation as the realtor and loan officer.
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