Is it illegal to give a real estate loan officer cash on the side?

Long story short, there was competition between a lender that I switched from and back to, and ended up getting a good deal. This deal was done to earn back the clientele of my realtor. I got a really good deal, and am saddened to hear that the loan officer won't make any money for his work. Is it legal for me

Long story short, there was competition between a lender that I switched from and back to, and ended up getting a good deal. This deal was done to earn back the clientele of my realtor. I got a really good deal, and am saddened to hear that the loan officer won't make any money for his work. Is it legal for me to give him some money for his work? My realtor said it was

Best Answer:

Logan Stewart: Illegal, immoral, unethical and it would be all of those if he/she accepts it.

Other answer:

Logan Stewart:
Where I live professionals in any capacity do not accept 'gifts' they do their job and get paid for doing it = professional
Casey Y:
Against all ethical codes I know…

That's the business. I've put in a week of work (at least) for an account I didn't even get; sometimes, that's just business. That loan officer understands.

Beverly S:
It's against the realtor code of ethics.
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