Difficulkt to answer. If your state licenses this occupation you MAY have difficulties in applying for a license. ALSO - it is impossible to determine what any prospective future employer may do, or not do, in regards to your record
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
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.
If a organization is interested in starting a business as a mortgage banking lending institution, then yes you have to have a mortgage license. If the individual is interested in becoming a mortgage loan officer, then no you do not have to be licensed, only the organization that you are working for should have one.
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.
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.
Talk to your mortgage broker, and get in touch with the real estate office, as well as your bank. From there, your broker will be able to provide you with this info.
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.
Capterra and Mortcare sell mortgage broker software online. Many of the larger mortgage companies also have their own software that is only available to their agents.
One can find a discount mortgage broker from the following sources: Discount Mortgage Canada, A Discount Mortgage, Ratehub, Hover MTG, Charcol, Mates Rates Mortgages, Property Observer.