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You are a mortgage agent and your client has stated that she wants to purchase an apartment building as well as refinance her house. She
You are a mortgage agent and your client has stated that she wants to purchase an apartment building as well as refinance her house. She has asked you to arrange the financing for both of these properties. You have only ever brokered residential transactions in the past and are not sure how to proceed. Given this scenario, which is the best option to ensure that this transaction is completed in the best interests of the borrower?
Select one:
a You should refer the borrower to another residential agent
b You should refer the apartment building to a commercial broker and obtain a referral fee
c You should advise the borrower to use another broker
d You should try the transaction on your own and ask for help if you run into trouble
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