Real estate license

Business-Purpose Loans Should Not Be Subject to Mortgage Lender Licensing

By |2021-03-15T16:05:02-05:00March 15th, 2021|Advocacy, Featured|0 Comments

AAPL advocates for national business-purpose loan exemption from mortgage licensing. Generally, private lenders in states that require a mortgage lender license to make a business-purpose loan are already licensed, and those in states that do not require a license are not licensed. What is probably more surprising is that private lenders who make loans in [...]

By |2021-03-15T16:05:02-05:00March 15th, 2021|Advocacy, Featured|0 Comments

California BRE and Disclosure Rules for California Private Money Lending on Trust Deeds

By |2021-06-08T14:01:43-05:00September 8th, 2016|Editorial|1 Comment

Under a California Bureau of Real Estate license, a broker may engage in private trust deed lending for “non-consumer” mortgages. However, a broker’s license requires that the broker issue disclosures under California real estate law to both the borrower and lender, as well as providing certain filings to the Department of Real Estate. See below [...]

By |2021-06-08T14:01:43-05:00September 8th, 2016|Editorial|1 Comment

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