Loan modification consultant defined.
Nev. Rev. Stat. § 645F.365
in effectLoan modification consultant means a person who, directly or indirectly, makes any solicitation, representation or offer to a homeowner to perform for compensation, or who, for compensation, performs any act that the person represents will adjust the terms of a mortgage loan in a manner not provided for in the original or previously modified mortgage loan. Such an adjustment includes, without limitation:
1. A change in the payment amount;
2. A change in the loan amount;
3. A loan forbearance;
4. A change in the loan maturity; and
5. A change in the interest rate.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645F.htmlFetched: 10/4/2026