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Is it legal to have a home loan modification done by a hired mortgage broker?

April 26, 2017hired home loan Legal modification mortgage broker

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Is it legal to have a home loan modification done by a hired mortgage broker?

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In most states it is completely legal to hire a mortgage broker. However, there are some very specific rules and regulations that must be followed by the mortgage broker. It is important that you hire only a qualified mortgage broker that is familiar with the legalities in your area.