Can an FHA approved lender share corporate officers with other companies?

The lender must ensure its corporate officers only represent a single lender, unless the following criteria are met:

  •     the entities represented have some or all of the same Corporate Officers or Principal Owners;
  •     there is a clear and effective separation of the entities, and Borrowers know at all times exactly which Entity is being represented and with whom they are conducting business; and
  •     there is a duly appointed or elected senior officer designated as the officer in charge, who only conducts business of the lender during normal business hours.

Handbook 4000.1 I.A.3.c.i.v (B)(1)(b) is available at