Wholesale lender defined.
Nev. Rev. Stat. § 645B.01356
in effectWholesale lender means a person who:
1. Holds himself or herself out:
(a) For hire to serve as an agent for any person who has money to lend, if the loan is or will be secured by a lien on real property;
(b) As being able to make loans secured by liens on real property; or
(c) As being able to buy or sell notes secured by liens on real property; and
2. Does not directly:
(a) Take or receive an application from a borrower for a loan which will be secured by a lien on real property; or
(b) Negotiate any terms with a borrower relating to a loan which will be secured by a lien on real property.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645B.htmlFetched: 10/4/2026
