Any OHIO BROKERS??

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AMINA

213 Posts

Posted - 04/01/2008 : 3:21:36 PM

I need an OHIO broker willing to pay a high split. I have a loan I need to run through OHIO!! Thanks!! Please email me.

scottanthony

2993 Posts

Posted - 04/01/2008 : 5:03:51 PM

quote:
Originally posted by AMINA

I need an OHIO broker willing to pay a high split. I have a loan I need to run through OHIO!! Thanks!! Please email me.

Glad to see folks are still asking for cobrokering here.......

tenbody

162 Posts

Posted - 04/01/2008 : 5:10:15 PM

YEAH..HE SHOULD DO WELL ON THIS NEXT STATE EXAM..

AMINA

213 Posts

Posted - 04/01/2008 : 5:13:40 PM

Give me a break. I'm not familiar with Ohio. Thanks!

AK__47

801 Posts

Posted - 04/01/2008 : 6:10:51 PM

quote:
Originally posted by AMINA

Give me a break. I'm not familiar with Ohio. Thanks!

Are you licensed in Ohio?

tenbody

162 Posts

Posted - 04/01/2008 : 7:40:00 PM

my point is co brokering is illegal..

AK__47

801 Posts

Posted - 04/02/2008 : 06:55:47 AM

quote:
Originally posted by tenbody

my point is co brokering is illegal..

Co-brokering is not illegal if done right. This is why I asked if they were licensed in Ohio.

AMINA

213 Posts

Posted - 04/02/2008 : 09:52:26 AM

No I am not licensed in Ohio and actually I need an FHA source in Ohio, so anyone that can help me run my loan, I would appreciate it.

AK__47

801 Posts

Posted - 04/02/2008 : 10:03:11 AM

quote:
Originally posted by AMINA

No I am not licensed in Ohio and actually I need an FHA source in Ohio, so anyone that can help me run my loan, I would appreciate it.

Now what you are asking for is Illegal. You cannot CO-broker a loan in a state you are not licensed in. You also cannot originate a FHA loan if you are not FHA approved. I’m sure there are plenty of people on this site that would be glad to help your customer out, but they cannot legally pay you.

AMINA

213 Posts

Posted - 04/02/2008 : 10:20:17 AM

Thanks for clearing that up.

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