"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 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.
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.
Yes In the US, no.
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.
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.
"By looking at a mortgage broker list, I can see there are over a hundred mortgage companies in Massachusetts. The best ranked company is Home Plus Mortgages."
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.
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.