Question

In california, there is a requirement to report annual and quarterly loan activities to the california bre, if, within the past 12 months, a broker has negotiated any combination of 10 or more loans to a subdivision or a total of more than $1,000,000.00 in loans. this mandate is known as:

Answer 1

The cause of this loan would be “big lending.”

 

Advertising must be reviewed by the BRE, which is one of the requirements of the state. These big lenders also use their real estate licenses in order to accomplish the said activities.