This article was originally published via Inman Real Estate News on January 30, 2024. Recently, mortgage loan originators have been using the following phrases, along with others, to draw in reluctant buyers. It may be difficult to tell which of these are simply good advertising and which could be a potential pitfall in your marketing. […]
Archive | WA State Law
Can a Loan Originator Pay an Assistant Directly?
Here’s a common question: Can a licensed loan originator pay an assistant directly (out of pocket) for work performed? For example, Licensed LO needs clerical work performed. For the sake of ease, we can break the clerical work into two scenarios, both legit: 1) Clerical work is being performed by a W-2 employee of the […]