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Updated about 11 years ago,
Realtor getting mortgage broker license
If a real estate agent gets thier mortgage broker license to provide financing to buyers would there be any problem?
I talked to a broker the other day who said if a realtor got a mortgage broker license they would not be able to provide financing because the banks/other agents wouldnt want a loan coming from a representing agent. I believe its not a conflict of interest. For your own listings I dont see a problem. So is it a problem to provide buyers of other listings financing if you are also reprezsentuing them as their agent