Financial Code section 22057

This division does not apply to any loan that is made or arranged by any person licensed as a real estate broker by the state and secured by a lien on real property, or to any licensed real estate broker when making such a loan. A licensed real estate broker may make a loan secured by a lien on real property for sale to a finance lender or arrange for a loan secured by a lien on real property to be made by a finance lender without obtaining a license under this division.

Source: Section 22057, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=22057.­ (updated Jan. 1, 1995; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 22057's source at ca​.gov