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ez77057

12 Posts

Posted - 07/22/2005 :  5:15:51 PM
Has anyone successfuly used vacation certificates in their advertising as a gift when the loan closes. Can you promote it up front and not violate RESPA?
Slatherd

147 Posts

Posted - 07/22/2005 :  6:56:07 PM
From what I can tell, as long as you dont give a gift for a referral your good.

Found it here.

http://www.loanofficermagazine.com/sample_issue/article.php

I got a deal with a realtor that if they buy the house through him, and get financed through me, he will give them a 500.00 gift card to the store of their choice. Prefectly legal.

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