Lending or Joint Venturing in TX

[Barry H.]

Seeking advice on how to fund a commercial Borrower in TX when I am not a NMLS licensed mortgage broker / banker in my state (AZ) or in TX.  Borrower has solid collateral.  Are we required to enter a joint venture vs a standard 1st position Deed of Trust agreement?  Do I need to run my funding "through" a NMLS licensed lender in TX for some sort of fee?  Advice sought and appreciated.  :-)