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He may represent either party, and he does not take possession of goods or property or deal on his own account. The broker receives a fee or commission from one or both of the parties that is usually based on a percentage
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Function of broker?
role of broker
What is the difference between buying on margin and margin call?
Buying on margin, taking a "margin" loan from the broker to help buy part of a stock purchaseMargin call, this happens when the broker demands full payment of your "margin" loan
How can one become a Commercial Loan Broker?
There are a number of ways one can become a commercial loan broker. The biggest hurdle would be to go to college or university, and focus one's studies on finance and business before finding an entry level position, in order to work up to being a commercial loan broker.
Hello I'm interested in becoming a Loan broker. Please contact with requirements. Henry Howard 205-413-2741?
To become a loan broker you would need a license and first you need to be a loan agent in order to get your loan broker's license. All you need to be is start working with a licensed loan broker, get suitable training and the apply for a brokerage license.
How can one become a mortgage loan 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.
Function of broker?
role of broker
What is the point of an SBA loan broker?
A SBA broker is specifically designed to help out those that are seeking a small business loan. They are there to help throughout the entire loan process.
What is the difference between buying on margin and margin call?
Buying on margin, taking a "margin" loan from the broker to help buy part of a stock purchaseMargin call, this happens when the broker demands full payment of your "margin" loan
Where can one find a good Australian loan calculator?
A good Australian loan calculator can be found through any mortgage broker or broker magazine in Australia. Westpac and Moneysmart are online versions of loan calculators.
How can one become a Commercial Loan Broker?
There are a number of ways one can become a commercial loan broker. The biggest hurdle would be to go to college or university, and focus one's studies on finance and business before finding an entry level position, in order to work up to being a commercial loan broker.
What is the purpose of a construction loan broker?
A construction loan broker is an organization that assists a construction company to temporarily cover the cost of obtaining the plot of land for a future house. An example of a construction loan company is BB&T Mortgage Company.
Hello I'm interested in becoming a Loan broker. Please contact with requirements. Henry Howard 205-413-2741?
To become a loan broker you would need a license and first you need to be a loan agent in order to get your loan broker's license. All you need to be is start working with a licensed loan broker, get suitable training and the apply for a brokerage license.
How can one become a mortgage loan 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.
Why is it recommeded to use a home mortgage broker?
Some home buyers benefit from using a home mortgage broker because the broker is able to access many different sources of home loans. This is especially advantageous for the prospective buyer who is wise enough to shop for a broker who is able to fund the loan at closing and then sell the loan later.
What are some different real estate job titles?
There are many real estate job titles. Among them are Broker, Agent, Associate Broker, Closing Agent, Loan Processor, Inspector, Loan Underwriter, and Load Documents Closer.
What is the role of a stock trading broker?
A stock trading broker's role is to buy and sell stocks and securities on behalf of someone else for a fee. A stock broker must have a professional designation depending on what securities they are selling and what services they provide their client.
How does the role of a dealer differ from that of a commodities broker?
In contrast to the broker's role as an agent, a dealer acts as a principal in relations with customers. This is the only difference between commodities brokers and dealers.
