Mortgage broker means any person who for compensation or
Mortgage broker means a person that, directly or indirectly, does 1 or both of the following:
Mortgage broker means any person who directly or indirectly negotiates, places or finds mortgage
Examples of Mortgage broker in a sentence
Mortgage broker transactions that are table-funded are not secondary market transactions.
Mortgage broker trans- actions that are table-funded are not secondary market transactions.
Mortgage broker licenses may not be transferred, sold, traded, assigned, loaned, shared, or given to any other person.
However, the lender is not permitted to require, as a condition for providing a GFE, that an applicant submit supple- mental documentation to verify the in- formation provided on the application.(b) Mortgage broker to provide.
No. Mortgage broker licenses may only be used by the person named on the license.
More Definitions of Mortgage broker
Mortgage broker means a person other than an employee or exclusive agent of a lender who, for compensation, brings an obligor and lender together to obtain a covered loan.
Mortgage broker means the same as defined in RCW
Mortgage broker means any person who, for compensation or gain, or in the expectation of
Mortgage broker means a party licensed under the Mortgage Brokers Act;
Mortgage broker means the same as defined in RCW 19.146.010, except that for purposes of this chapter, a licensee or person subject to this chapter cannot receive compensation as both a consumer loan licensee making the loan and as a consumer loan licensee acting as the mortgage broker in the same loan transaction.
Mortgage broker. (A) means a person who (i) for compensation or gain or with the expectation of compensation or gain (I) takes a residential mortgage loan application, or (II) offers or negotiates terms of a residential mortgage loan, and (ii) is not the prospective source of the funds for the residential mortgage loan, and (B) [but] does not include (i) an individual who is licensed as a mortgage loan originator acting as a mortgage loan originator on behalf of such mortgage loan originator's sponsoring mortgage lender, mortgage correspondent lender, mortgage broker or exempt registrant, or (ii) an individual exempt from mortgage loan originator licensure under subdivision (2) of subsection (b) of section 36a-486, as amended by this act, when acting within the scope of such exemption;
Mortgage broker means a person who arranges or negotiates, or attempts to arrange or negotiate, at least four mortgage loans or commitments for four or more such loans on residential real property located in this state in a calendar year.