Updated over 9 years ago on . Most recent reply
Ethics Questions- Please help!
I have a few questions regarding collecting commissions on properties.
1. Can licensed mortgage brokers collect commission on refinancing a property they own?
2. If a mortgage broker is purchasing a building, can they collect commission on the mortgage they're brokering? Would a separate corporation have to be set up or anything?
3. Where can I find the laws that regulate these types of scenarios?
I really appreciate any guidance you can offer and thank you in advance.