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Updated over 9 years ago,
Curt SmithPoster
#4 Innovative Strategies Contributor
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- Rental Property Investor
- Clarkston, GA
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Looking for LMLO to originate seller financed notes in GA
LMLOs are licensed in each state so don;t know if there's a business model for nationwide loan origination for investers selling with financing following Dodd Frank. My local LMLOs I called are wanting $1500 for a $75k note doesn't make sense and also risks the Dodd Frank limits on expenses when you add up the other closing expenses the borrower pays. I'm wanting to pay $750 to $795. My loans are in GA.