Loan Broker Law and Legal Definition

A loan broker is defined as “someone (not otherwise regulated by a state or federal agency), who "for or in expectation of consideration arranges or offers to fund a loan of money.” Buckeye Ventures, Inc. v. Trafalgar Capital Specialized Inv. Fund Lux., 2009 U.S. Dist. LEXIS 71094, 8-9 (S.D. Fla. Aug. 11, 2009)