If they try to hold your deal hostage, start calling the local Board of Realtors first, then the state agency regulating agents.

Absolutely, brokers and licensed lenders can make such loans, not individuals or other entities who are not in the business of lending or regulated as such.Know too that points are pre paid interest which for an individual may not be authorized or may push the APR to be an issue of usury.Maybe not years of study, best just to get with a broker or lender as David suggested, learn from them. :)

The results will be legally drawn up agreements for your use.Every state has unique laws.Every state has unique legally acceptable legal forms with legally acceptable legal language for that state.Just they way you communicate with a tenant is regulated.

Consumer loans obviously have a boat load of additional regulations unrelated to SB978. 1) I have to make a disclosure filing with the CA Department of Corporations for every loan that involves a non-accredited TD investors, that if isn't done properly can have real consequences ... reason one to work with only accredited investors.2) There are limits on LTV, like 75% of as-is value for NOO SFR TD investments, that must be followed unless you have funds control and fancy appraisals.

@Karen Margrave and @Mark FergusonIn Pennsylvania, residential title insurance rates are regulated by the State Department of Insurance and the rates are set by law.

That during the seller's ownership that loan servicing has been in compliance with applicable rules, regulations and law.

Facilitating one transaction probably won't be an issue, but doing 16 becomes more obvious that you're in the business and it depends on how regulators view your operations. :)

I'm not sure if my license has improved my REI but: *found my own deal, direct assess to mkt *saved only my cut in commission and did all the work ;) *met exponentially new contacts (good/bad) The bad: * need to be realtor (distract from my original goal as investor (good/bad) * disclosure and regulations (good/bad) 2.

In the case of stock trading, the regulation is much more strict.

Contact the state department of finance, lending regulators and bring up the issue, they can remove anyone with a fraud conviction out of any financing/lender operation, or make them wish such folks are not involved in management.Get the facts and present it to the city, they probably don't know.