Becoming a Mortgage Broker...What can I do to prepare?

Question

I am a mortgage lender for a sub-prime lending company in the middle TN area, been there for about a month and a half ...I was looking into becoming a Mortgage broker maybe after a year. How do I go about doing that? I know they make alot of money and I love money. Anyone got any advice?? What are some good websites to go to for help? What training do u need? What are some companies that are hiring mortgage brokers?? Thanx

Answer 1

NAMB, the National Association of Mortgage Brokers, will have all the information you need. Their web site is http://www.namb.org. They have affiliates in just about every state.

Good luck!

Answer 2

you're able to prefer to grow to be a private own loan officer, this entitles you to artwork below somebody else's license. some companies prepare you and grant a earnings, others are purely at present day-day cost and instruct you how to return and flow as you please. suggestion: a million. you're able to desire to earnings bearing directly to the corporate, the verbiage and so on. get a private own loan glossary and study the somewhat some words. 2. come for the time of a company to artwork for which will enable the scheduling which you like. sometimes they provide leads . 3. study as you flow. Being a private own loan officer is extraordinarily uncomplicated. You extraordinarily plenty take an application , positioned up it to diverse lenders, attempt to make money on it and close it. There are revenues skills in touch too:) in case you're sturdy on the telephone and continual you would be triumphant. sturdy achievement!