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She said there will be the potential to make over 150k per year. Do you think this is true? Is the mortgage business a good business to get into now? Why is there so much turnover and why are they constantly advertising for new reps?

2007-01-20 01:56:20 · 3 answers · asked by Anonymous in Business & Finance Careers & Employment

3 answers

I wouldn't touch it with a ten foot pole. You will be hassling people to refinance etc. If it were so easy people would be lined up for the job.

See if it "commission only". That is a real red flag.

Unless you are working out of an office where the public comes to you on a regular salary plus bonus or commission be wary!

2007-01-20 02:00:56 · answer #1 · answered by Anonymous · 0 0

I have a mortgage brokers Lic. first it is commission based and with the way real estate is your really going to hustle unless your in a place where it is booming. I get e-mail all the time from company's looking for reps. think twice before you leap out there. but if your at the top of your game there is alot of money to be made

2007-01-22 10:39:39 · answer #2 · answered by tall_slimm 2 · 0 0

While I don't know anything about this specific offer, the mortgage business offers great opportunities for anyone who wants independence without financial investment.

As a loan officer, you would be responsible for getting your own leads and customers. If you are someone who likes people, then it may be a good opportunity for you. Especially if you are at the station in life where many of your peers are purchasing loans and you cannot name anyone who sells them!

Go talk to them. It cannot hurt!

2007-01-20 11:18:55 · answer #3 · answered by CJKatl 4 · 0 0

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