(a) A loan production office is an office whose activities are limited to:

1. (1) soliciting loans on behalf of the bank, and in connection with such solicitation:

   1. (i) assembling credit information;
   2. (ii) making property inspections and appraisals;
   3. (iii) securing title information; and
   4. (iv) preparing applications for such loans (including making recommendations with respect to action thereon);
2. (2) soliciting investors to purchase loans from the bank;
3. (3) searching for investors to contract with the bank for the servicing of such loans; and
4. (4) engaging in other similar agent-type activities.