realtors as mortgage brokers: CALIFORNIA LOAN CONNECTION: Should Realtors also be Loan Officers (or vice versa)?
- 09/04/06 07:43 PM
This topic tends to be a hot one. Many folks will say that performing both functions is a conflict of interest. I have never pursued selling homes because I don't want an appearance of impropriety to my good Realtor clients (they feed my family and send my little girl to private school). Personally, I don't see the conflict of interest. If anything, I believe that a Realtor may be the better choice to find financing for the buyer. Some people have said that HUS disallows it. That is just not correct. HUD issed a ruling in 1999 that said that no employee
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