Rel Estate! which books or literature would I read to learn?

Question

Being that I am Totally Disabled. I have been giving an opportunity to asist in processing beginning "Home Loans". Now I would like to read and examine paperwork and the structure in which a person would go through doing it.

Answer 1

I am not sure what "opportunity" you are referring to. If this is a work at home offer that you have to put up money to "process" home loans then it is probably a scam. Are you supplied with the loans or do you have to advertise for customers? Legitimate lenders handle everything in house or through brokers and don't require "home workers."

In most states, you have to be a "licensed" loan originator to take applications or advertise for home loans. Not all but the majority do. Some only require documented training classes but most require some form of registration with the state agency and a fee.

Before doing anything, I would research the company with your state's Office of Financial Institutions (it maybe called something else. You want the department that regulates those types of businesses) They should be registered in your state or at least have a state licensed branch office.