The Complete Guide to Becoming a Successful Mortgage Broker

The Complete Guide to Becoming a Successful Mortgage Broker
Author: Patricia Hughes
Publisher: Atlantic Publishing Company
Total Pages: 290
Release: 2008
Genre: Business & Economics
ISBN: 1601381301

A reliable mortgage broker is in constant demand and never short on business in any economic condition. According to the U.S. Department of Labor, the average income of mortgage brokers is $43,210. The mortgage brokering business is one of the fastest growing occupations in America today, yet the financial success rate for these new brokers is dismal. It is estimated that less than 30 percent of new mortgage brokers ever become financially successful. Virtually all mortgage brokers are paid strictly on commission, so there is little motivation for the company to help you succeed. You need the proper training to be prepared. This new book will provide you with a road map to financial success. You will learn how NOT to make the big mistakes most new brokers make, how to put a loan package together, how to find borrowers, how and what to charge, how to guarantee your fee, how to make buyers and sellers happy, and how to quickly and easily locate the best deals for your customers. Additionally, this book provides you with information on licensing and exam fees, the expenses of doing business, your vehicle and insurance coverage, sales techniques, simple methods to get hundreds of referrals, software programs that make running your business effortless, the private mortgage segment, the commercial market, secrets to using the Internet, realtors, online tools and ideas, mortgage technology tips, Internet leads, building partnerships, and much more. We also spent thousands of hours interviewing, e-mailing, and communicating with hundreds of todays most successful mortgage brokers. This book is a compilation of their secrets and proven, successful ideas. If you are interested in learning hundreds of hints, tricks, and secrets on how to earn a high, consistent income as a broker, this book is for you. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president's garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.

Mortgage Broker

Mortgage Broker
Author: Ruth Chandler
Publisher:
Total Pages: 34
Release: 2017-03-24
Genre:
ISBN: 9781544885957

Mortgage Broker The Complete Beginners Guide To Becoming A Successful Mortgage Broker As we know, that owning a home in this big world is a satisfying task that any person would want to accomplish. It gives a sense of satisfaction that you own a home, and you have a place to return to when you get tired of the hectic day. The question that arises is that to own a home in whatever place you want, how you would get through the tiring bank work of borrowing money. When it comes to getting a home, you may need a mortgage broker to ease the task of owning a home.A mortgage broker is a middleman between a homeowner/borrower and the bank or mortgage lender. A mortgage broker works directly with both the customers and the bank which is lending the money, whether it is the purchase mortgage or a refinance.Now the question that pops up into your mind is why and how to be a mortgage broker. And why it is so necessary, or if it is even necessary. The thought of yours to become a mortgage broker arises many questions. Here in this book you will know, step by step, that you become a successful mortgage broker, because in this era of so much competition around the world, you need to know exact things that would lead you to a successful career.When you decide on being something you do not have much knowledge of, you should keep your mind crystal clear. You should not panic, and focus on what you want. You should scrutinize yourself that whether you are fit for that job or not, whether you have the skill and talents of negotiating. This book is specially written for you to know, analyze and then act accordingly. Lend us your trust, this book lead you toward success. Here is a preview of what you'll learn: Planning and executing Researching Knowing about Advantages and Disadvantages Budget your start up costs Building relationships

The Complete Idiot's Guide to Success As A Mortgage Broker

The Complete Idiot's Guide to Success As A Mortgage Broker
Author: Daniel S. Kahn
Publisher: Penguin
Total Pages: 455
Release: 2006-06-06
Genre: Business & Economics
ISBN: 1440696756

Break into the brokerage business. Here is a step-by-step handbook for joining this elite group. Written by an accomplished mortgage broker with more than 15 years in the business and 2,000 deals to his credit, this book covers everything from whether or not real estate financing is the right career move, to how to master the skills necessary to be successful. • Overview of a day in the life of a mortgage broker—including the pros and cons of the career • A self-test to help readers determine if the brokerage business is right for them • Licensing and educational requirements, advice on successful networking, and basic mortgage information

Getting Started as a Commercial Mortgage Broker

Getting Started as a Commercial Mortgage Broker
Author: Peter J. Gineris
Publisher: John Wiley & Sons
Total Pages: 208
Release: 2008-12-16
Genre: Business & Economics
ISBN: 0470475536

While residential real estate lending has gone soft, commercial lending is hot—with a wave of low interest rates and refinancing—and it shows no sign of slowing down. Right now, commercial mortgage brokering is one of the best ways to earn money without a ton of training. In this practical guide for first-timers, you’ll learn the basics of brokering from application to closing, as well as inside information you won’t find anywhere else. So get started!

Mortgage Broker

Mortgage Broker
Author: Frank Rodgers
Publisher:
Total Pages: 32
Release: 2016-09-17
Genre:
ISBN: 9781537716916

Mortgage Broker The Complete Beginners Guide - Learn How To Become A Licensed And Successful Mortgage Broker! Buying a home is probably the largest investment that you will make in your life. On average a homeowner will be paying on that home for thirty or more years. That is 360 months at an average cost of $1,000 to $1,200 or more a month. That is a lot of money to put out on a house.When looking for financing for a house many of us will generally turn to a bank for financing. This is a big mistake. The truth is that a bank will generally give you the worst rate they can since there is no competition. This is where the services of a mortgage broker comes in.As a mortgage broker you have the power to deal with many different banks and lenders in an attempt to get the best deal for your client. With this better deal you still get paid the same commission on the sale since you are paid on the amount of the loan and not the interest rate.In this book we are going to walk you through the process of becoming a mortgage broker. We will talk about what you need to do, the tests you need to take and give you tips and tricks to get the best commissions possible.At the end of this book you will know what it takes to become a mortgage broker and have the step by step process you need to take to make it happen.

Mortgage Loan Officer Success Guide

Mortgage Loan Officer Success Guide
Author: Michael Zuren, Ph.d.
Publisher:
Total Pages: 108
Release: 2016-09-25
Genre:
ISBN: 9781539089957

The key to a new, successful, and highly profitable career in the mortgage sales industry is at your fingertips! In his tell-all guide to achieving your goals as a mortgage loan officer, Michael D. Zuren, PhD, outlines the steps all accomplished officers in the business have used to create a top-notch business and reach their career and financial goals. He covers the basics, such as understanding the industry and how mortgages work, knowing how to get hired (and which employers to seek out), and creating a framework for an amazing career. He also covers more advanced tips, tricks, and techniques-from creating and sustaining an effective marketing campaign to knowing how to build rapport and excellent customer service, which are critical to business success. Perfect for both brand-new agents and seasoned veterans, Mortgage Loan Officer Success Guide gives you everything you need to make your dream job a reality!

The Millionaire Mortgage Broker

The Millionaire Mortgage Broker
Author: Darrin Seppinni
Publisher: McGraw Hill Professional
Total Pages: 426
Release: 2006-12-13
Genre: Business & Economics
ISBN: 0071481567

The most comprehensive guide to starting a business in today's most lucrative and fastest-growing industry Last year more than two-thirds of the $3 trillion in home financing in the United States originated with mortgage brokers. Darrin Seppinni, a broker with a quarter century in the business, gives you the knowledge and expertise needed to begin your own brokerage company-and consistently develop your full growth and profit potential. The Millionaire Mortgage Broker is an all-in-one resource to tap into the vast potential of the brokerage business.

Loan Officer Training

Loan Officer Training
Author: Alex Johnson
Publisher: Lulu.com
Total Pages: 188
Release: 2007-12-01
Genre: Business & Economics
ISBN: 0615177824

Thinking about a career as a residential mortgage loan officer? Our Manual provides loan officer training and mortgage broker training for individuals at every level of the mortgage industry-from basic training for those just starting out

The Complete Guide to Your Real Estate Closing

The Complete Guide to Your Real Estate Closing
Author: Sandy Gadow
Publisher: McGraw-Hill
Total Pages: 198
Release: 2002-08-21
Genre: Business & Economics
ISBN: 9780071400350

A PAPERBACK ORIGINAL The first simple guide to understanding the real estate closing process Closing and escrow are among the most important­­and least understood­­components of a real estate transaction. The Complete Guide to Your Real Estate Closing takes the mystery out of the confusing, expensive process by giving real estate professionals, investors, and consumers a step-by-step explanation. In simple, everyday language, the book explains closing documents and paperwork, what to do when something goes wrong, mortgage options, how to save money on title insurance, problems that can occur on a title report, and much more. With sample forms, work sheets, and more, this sophisticated but accessible book covers: Insider tips on how to save money­­from a closing professional Who does what: the real estate agent, lender, title company, closing officer, attorney State-specific information for all 50 states

Business Loan Brokering 101

Business Loan Brokering 101
Author: Buzz Glover
Publisher: Createspace Independent Publishing Platform
Total Pages: 176
Release: 2016-04-16
Genre:
ISBN: 9781532794919

This is a comprehensive guide that teaches aspiring entrepreneurs how to get started brokering commercial real estate loans and brokering equipment finance loans. It is written by a seasoned business loan broker who has owned and started many companies. The business loan brokering business was the one business that had the lowest start-up costs and provided the greatest returns. Buzz takes you step-by-step on how to find deals to broker, how to package them, and then how to find banks to fund them and in turn, earn lucrative fees. It is a must for those who want to start a finance business.