Loan broker definition

Loan broker means any person who, for compensation or gain, or in the expectation
Loan broker means any person or entity who or that, for compensation or gain, or
Loan broker or “broker” means a person who promises to obtain a loan or credit card or assist in obtaining a loan for another from a third person, or who promises to consider making a loan or offering to issue a credit card to a person. A loan broker does not include any of the following:

Examples of Loan broker in a sentence

  • Costs may vary from county to county and city to city within California.• Loan broker, origination, and application fees are usually all inclusive in the MD reimbursement for homeowner-occupants.

  • Loan broker whose activities include arranging for or obtaining an extension of credit for a residential mortgage loan.[PL 2021, c.

  • Loan broker whose activities do not include arranging for or obtaining an extension of credit for a residential mortgage loan.[PL 2021, c.

  • Securities Division; 710 IAC 1-22-1; filed Jan 19, 2006, 12:19 p.m.: 29 IR 1924) 710 IAC 1-22-2 Loan broker licensing and originator licensing Authority: IC 23-2-1-15Affected: IC 23-2-5-5 Sec.

  • Loan broker whose activities do not include arranging for or obtaining an extension of credit for a residential mortgage loan.


More Definitions of Loan broker

Loan broker means any person who, with respect to the extension of consumer credit by others, provides or offers to provide, in return for the separate payment of money or other valuable consideration, any of the following services:
Loan broker or "broker" shall mean a person,
Loan broker or "broker" shall mean a person, partnership, association, corporation, or limited liability company, other than those persons, partnerships, associations, corporations, or limited liability companies exempted from licensing pursuant to Section 1-4, subsection (d), of this Act, who performs the activities described in subsections (c) and
Loan broker also means any person who serves as a facilitator of a refund anticipation loan or refund anticipation check, whether or not in return for the separate payment of money or other valuable consideration. [PL 2009, c. 248, §2 (AMD).]
Loan broker means any person who, in return for a fee from any person, promises to procure a loan for any person or assist any person in procuring a loan from any third party, or who promises to consider whether or not to make a loan to any person. Loan broker does not include:
Loan broker means a corporation, partnership, sole proprietor, association or other entity or individual that assists a borrower in obtaining a payday loan or that holds oneself out as available to provide such assistance; and,
Loan broker means any person who acts as a finder or agent of a lender or borrower of money for the purpose of procuring a mortgage loan, or both;