Can you form an LLC while working for the bank?

[Vicheka Chres]

Hi BP,

Does anyone know or who work for the bank, say as loan officer or underwriter who form a legal entity for rental property?

I heard it’s conflict of interest to buy home that the bank you work servicing the mortgage loan on that prospect property. But I’m not sure about the subject matter above.

Any advice or shared experiences is much appreciated.

Thanks in advance!