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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 645B.01356: “Wholesale lender” defined.

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Where this section sits in the code
  1. TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
  2. CHAPTER 645B - MORTGAGE COMPANIES AND MORTGAGE LOAN ORIGINATORS
  3. GENERAL PROVISIONS

“Wholesale lender” means a person who:

1. Holds himself or herself out:

(a) For hire to serve as an agent for any person who has money to lend, if the loan is or will be secured by a lien on real property;

(b) As being able to make loans secured by liens on real property; or

(c) As being able to buy or sell notes secured by liens on real property; and

2. Does not directly:

(a) Take or receive an application from a borrower for a loan which will be secured by a lien on real property; or

(b) Negotiate any terms with a borrower relating to a loan which will be secured by a lien on real property.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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