Take a traing course. its posilbe to pass your mortgage advice qualifications in literally days after intensive traingin. You then need to apply for a license from the American mortgage licencing association or in the UK you need to pass the Certificate in Mortgage Advice & Practice (CeMAP).
You can find a guide on how to become a mortgage banker online at the eHow or Mortgage Broker Daily websites. Once on the websites, do a search for Mortgage Broker to find the guide.
A mortgage lender must be licensed and work within a bank, mortgage bank, or mortgage broker.
The motivational style that would best suit a mortgage broker is the goal-oriented style. This type of person reaches for goals in a direct and obvious way which would be needful for a mortgage broker.
Experience in investing and banking employment would be one of the first steps one could take to secure a job as a mortgage loan broker. A mortgage broker works with the buyer and the lender so communication skills will have to be perfect.
"To become a mortgage broker in Massachusetts, you will need to apply through the National Mortgage Licensing System. Once that is done, you will be walked through a series of training and testing, equaling about 20 hours. There is a fee involved, as well as a requirement for continuing education after you are licensed."
The necessary requirements for becoming a mortgage broker are dependent on one's location. Check with state and local officials to determine the licensing requirements in a specific location. One must then pass the licensing examination before practicing business as an independent mortgage broker.
I think there was no difference between supervised Mort Broker and Mortgage Broker. from the following link you can get the information about total cost of Mortgage Broker au.pfinance.yahoo.com/home-loans/features/online_homeloans/index.html
Yes, there are classes available to become a mortgage broker. You will find some great information at http://www.loanofficerschool.com/pages/home/. You can also try http://www.mortgagebrokertraining.com/so.html.
Capstone instutute of Mortange Finance offers mortgage broker training. http://www.capstoneinstitute.com/ I think that your best bet would also be talking to a local Mortgage Broker and seeking their advice.
Yes In the US, no.
i was told that this would not be a legally binding contract.
In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.