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    katbr2002's Avatar
    katbr2002 Posts: 1, Reputation: 1
    New Member
     
    #1

    Dec 16, 2008, 10:16 AM
    Does any hard money lender still give referral fee?
    I'm in Oklahoma and I'm looking for a hard money lender that gives referral fees for submissions. I am also looking a lender that gives referral fees for lines of credit. Please let me know if there is anyone out there. Thanks.
    sandkicker's Avatar
    sandkicker Posts: 43, Reputation: 3
    Junior Member
     
    #2

    Jan 16, 2009, 09:54 AM

    "Referral fees" are illegal under RESPA, a set of Federal regulations.

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