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#78429 - 05/06/03 12:38 PM Brokering Mortgage Loans

My mortgage subsidiary has a DOC license as a Finance Lender & Broker. We currently do not conduct business in CA but would like to broker a loan there. Since the license is for a broker as well as a lender are there any restrictions to brokering a loan in the State of CA with the above referenced license. Also, if we can broker the loan are there any fee restrictions. I have placed numerious calls to the DOC but have not received an answer from them. Any help would be appreciated.

#78430 - 05/06/03 12:57 PM Re: Brokering Mortgage Loans
Al Miller Offline
Diamond Poster

Registered: 10/27/00
Posts: 2416
Loc: Pleasanton CA USA
PM or e-mail me. We may be able to help you.
Al Miller, CRCM
Opinions expressed are my own and not necessarily shared by my employer.