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Updated about 2 years ago,

Tony Caputo's profile image
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Tony Caputo
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Tony Caputo's profile image
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Tony Caputo
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Tony Caputo
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Mortgage Brokers & Lenders

Required to be licensed in state of loan to share a commission?

Tony Caputo
Posted

Can a mortgage loan officer licensed only in one state, such as California, receive a percentage of the commission for a loan actually done in Nevada as payment for referring that client to another mortgage loan officer licensed in Nevada, or does the mortgage loan officer need to be licensed in Nevada in order to share that commission?

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