becoming mortgage broker to fund own residential mortgage loans

[Phil Shelton]

is it legal to become a  mortgage broker to fund my own investment residential deals? I do not want to pay broker fees. Looking to save money especially with Hard money lenders. 

[Erik Estrada]

Quote from @Phil Shelton:

is it legal to become a  mortgage broker to fund my own investment residential deals? I do not want to pay broker fees. Looking to save money especially with Hard money lenders. 

 Why not just go direct or build a relationship with a few lenders? 

There's no advantage to getting a brokers license to fund your own deals. Hard Money lenders can go cheap if you give them a lot of business/maintain a relationship with them. 

They key is volume. If you give a lender a lot of business, They will reward you with better fees, better rates. If you are only doing a couple of deals, there's no incentive for a lender to go down on the points/rate.