I am currently looking into changing my career path. I am currently in law enforcement and looking into going into the mortgage industry? DO they make decent money. Im sure they make more than police officers
2007-01-25 01:31:13 · 2 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
As a financial planner, I have a handful of mortgage brokers as clients. With the interest rate boon of the last few years, virtually all I know of are in six figures, a couple in the $300k+ annual range; and that's in San Antonio where home prices are low. Elsewhere, they've probably been earning significantly more. Keep in mind that I'm talking about brokers, who had to acquire much experience with banks, mortgage companies, or working for other brokers before breaking out on their own.
Interest rates are rising, so the refinance craze is tapering off, but people are always going to buy homes and property.
2007-01-25 02:10:52 · answer #1 · answered by Rob D 5 · 0⤊ 0⤋
1/2 of a percent of the mortgage
2007-01-25 01:35:55 · answer #2 · answered by Anonymous · 0⤊ 1⤋
I think they make decent money its on a commission basis so whatever mortgage they sell they get a percentage of. So go for it!
2007-01-25 01:39:06 · answer #3 · answered by richardwales79 3 · 0⤊ 0⤋