NV Loans with CA License....

anna4loans · Joined: 14 Aug 2007 Posts: 1 1.58 Dollars($)

Hi There! I was trying to find out if anyone knows any lenders besides Indymac, Wachovia-World Savings and ClearMortgageSolutions that will allow a CA Broker to fund a Loan in NV without having a license from that state.
Any one knows any other Lenders that will allow that?

Niicss · Joined: 03 Oct 2005 Posts: 807 118.37 Dollars($)

I am not aware, may be other community members would be able to help.

larry · Joined: 27 Jun 2007 Posts: 2942 409.79 Dollars($)

Hi Anna,

As Nevada is located in California, so a broker can easily fund a loan within that state. There should not be any problem in doing that. But funding outside the state without a proper license is illegal.

And if any lender allows it also, it will not be considered legal and the borrower may have to face troubles later.

Guest 0.10 Dollars($)

How is Nevada located in California?

larry · Joined: 27 Jun 2007 Posts: 2942 409.79 Dollars($)

Sean,

I admit my mistake. I thought Anna was talking of Nevada County. And I did not noticed that she was actually talking of Nevada state.

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