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Re: Wholesale Lending Questions

#2853
JGo9
Participant

I’m not sure what the percentages are of. You can charge a percentage of the loan amount, but be careful here, you don’t want to run into a MLO compensation issue.

You will need to disclose the fees properly on the HUD, refer to the latest HUD FAQs on RESPA and the recent RESPA RoundUps.