California Compliance Toolkits For Private Lenders

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Simplify Your Compliance Strategy

Conducting business as a licensed mortgage lender or broker in California can be daunting.  It’s no small thing to manage and govern all of your lender and broker compliance requirements. Not only is the amount of regulation imposed on California licensees increasing exponentially, but these regulations are also growing significantly more complex.  And to top it all off, failing to comply with ever-evolving requirements can lead to costly fines and lawsuits.

There’s no time like the present to simplify your California lending and brokering compliance program. 

And Geraci has the tools you need – – all packaged in a single document for your convenience.

California DRE Licensed Real Estate Broker Compliance Toolkit

This manual is a comprehensive tool to assist California licensed real estate brokers in understanding and complying with:

  • Governing laws and regulations,
  • Licensing requirements for responsible brokers, broker-associates, and licensed salespersons,
  • Reporting requirements,
  • Document retention,
  • Filing DBAs (fictitious names),
  • Managing Trust Accounts and Trust Funds,
  • Borrower disclosures (state and federal),
  • Advertising,
  • Fees and charges,
  • Usury,
  • Loan to Value ratios for construction and rehabilitation loans,
  • Lender/Purchaser Disclosure Statements,
  • Pooling of Loan Funds,
  • Self-dealing
  • Investor suitability,
  • Multi-lender transactions (fractional loans),
  • Mortgage servicing,
  • Regulated loans,
  • Nontraditional mortgage loans,
  • Covered Loans,
  • Table funding, and
  • Referral fees.

California Finance Lender Compliance Toolkit

This manual is tailored to assist licensed California Finance Lenders in understanding and complying with:

  • Governing laws and regulations,
  • Licensing requirements for California finance lenders,
  • Reporting requirements,
  • Document retention,
  • Filing DBAs (fictitious names),
  • Referral fees,
  • Borrower disclosures (state and federal),
  • Advertising,
  • Fees and charges,
  • Usury,
  • Table funding,
  • Nontraditional mortgage loans, and
  • Covered Loans,

So, the next time you have a question about your responsibilities as a licensed California lender or broker, simply reach for your Compliance Toolkit and locate your answer quickly and easily.

Please reach out to Geraci for all of your compliance needs in any of the 50 states.  We can assist you with licensing, registration, usury, prepayment penalties, late fees, state and federal disclosures, referral fees, table funding, foreclosure process and timelines, and much more.  Our goal is to give you peace of mind.

Questions about this article? Reach out to our team below.
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