How To Become A Mortgage Broker?
February 9, 2010 by admin
Filed under Ikofx | Forex Stories
Can someone let me know how to go about in apropos a debt attorney what have been the initial steps. Is there a march and if so who will be a creditable association to go to. greatfully assistance thanks.
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contact the banking commission in the state u reside in, each state has different laws and requirements for licensing, tough career field but it is very lucrative and u can make a good living at it, JUST BE FAIR AND HONEST WITH ALL CLIENTS, DONT SCAM, AND DO TO THEM WHAT U WANT TO BE DONE TO AND FOR U. MOST OF ALL BE HONEST AND UPFRONT, TELL THE TRUTH, ECUCATE THE CLIENT AND HELP LEAD AND GUIDE THEM IN THE BEST COURSE OF ACTION FOR THEM FINANCIALLY LIKE IT WAS YOUR OWN PERSONAL FAMILY.
have to add steven d is wrong, maryland for one has a very demanding course you must take and pass, each state audits each year for compliance, new york is hell on wheels, etc. a mortgage loan orginiator knows more about the business than most realtors, or the realtors would be doing the job and making the extra money, most have no clue as to what goes on in the financing world.
Depends on where you live.
Check with your state government.
University, Bachelor of Commerce maybe? or something in that area. Set up an appointment with a college/university advisor.
There are Zero qualifications to become a Mortgage originator. ( Unfortunately). Hopefully one day they will be regulated. Most are 100% commission. All you need to do is find a mortgage company to hook up with and pay you.
My only advice is don’t!!!