Nevada § 645B.01356 “Wholesale lender” defined

Nevada Statutes

§ 645B.01356 — “Wholesale lender” defined

Nevada § 645B.01356

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645BMortgage

GENERAL PROVISIONS

This text of Nevada § 645B.01356 (“Wholesale lender” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 645B.01356 (2026).

Text

“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.

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“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.