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#607244 - 08/30/06 05:03 PM RESPA Section 8
Manny Offline
Member
Joined: May 2006
Posts: 54
Midwest
A business purpose loan is exempt from RESPA. So, can I assume that paying a referral fee should be allowed? (a commercial lender wants to do this)

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Lending Compliance
#607245 - 08/30/06 05:37 PM Re: RESPA Section 8
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
You will have to refer to State law on referral fees for commercial lending.
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