Mortgage Financing
Must I be licensed in Texas as a Mortgage Broker (Commercial) if I charge a fee for arranging financing?
Instead of charging a broker fee, I could call it a "Finders Fee" or a "Consulting Fee"? I work for a Mortgage Bankers but I am considering starting my own shop, which I have developed some relationships over the years. I have no license at present.
if you discuss prices, fees, or review income statement with a client ….. you must have a license