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Florida Real Estate Q&A Discussion Forum
Account Closed
  • Lender
  • Tampa, FL
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FL MORTGAGE BROKER offered a PAR loan to the seller for Extension

Account Closed
  • Lender
  • Tampa, FL
Posted Jun 6 2018, 10:58

A Florida Mortgage Broker I know was called on to save a deal that Wells Fargo denied a week before closing and to get the seller to extend the sales contract, she (the Mortgage Broker) offered the seller a No Broker Fee loan which they could use or give to a family member to use.     Is this legal?  

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