Loan Originators to owner finance Mobile homes

Have any of you guys got your Loan Originators license, so you can seller finance your mobile homes that you put in your parks? Pros and cons?

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I did. Search this forum for a prior post on this very subject.

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Thanks Brandon. Yes I searched but the post were from several years ago. Not sure if any new info came up since then.
Brandon, if I am Loan originator, and seller finance a mobile home in a park. Can I collect the note?
Can the loan originator and seller collecting note be the same person?

Here’s a couple of posts from a few months ago.

To answer your question, yes you can originate a note on a home you sell and collect as well. This is what is known as “captive finance”, I believe.

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