Realtors loaning commission @ 2.25% rate post closing 2nd mtg

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Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing?

Example:

500,000 purchase

x       3%

$15,000 commission

-  5,000  for tax realtor has to pay

$10,000 loan amount @ 2.250% interest rate x 360/60 = $38.20 mo.

A $10,000 post closing cash out loan with a $38.20 mo. could help with the move and repairs, etc.    

Any realtors offering this yet?