Compliance – Anti-Steering Requirements: As a broker who represents more than one lender, how should we disclose loan options to accommodate anti-steering issues?

Answer: When you broker a loan, you should be providing the anti-steering disclosure that includes the loan option with your lender of choice and 2 other loan options. You are not required to include the other lender’s mortgage loan options on that form, but you do have to disclose 3 loan options to the borrower. […]

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