Books on How to Start a Mortgage Brokering Business
Thinking of starting a mortgage brokering business? Start by reading the article How to Become a Freelance Mortgage Broker.
For detailed guidance, tips and advice on how to start and run a mortgage brokering business, check out some books we have selected below:
Mortgage banking is one of the fastest growing industries in the country. In the next few years, home purchases are expected to run into the trillions, creating more opportunity than ever for people seeking a career in this profitable industry. Real estate author, columnist, and veteran mortgage banker.
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.
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!
Be A Top Mortgage Broker is a one of a kind no-nonsense mortgage manual that will guide even the novice through establishing one’s own mortgage company and enabling earnings of $500,000 yr and more. Licensing criterias are listed for every State within the USA + international mortgage broker licensing for Singapore, Dubai, Bahamas and The Caribbean, Australia, Canada and New Zealand.
This book answers the question, “How do I become a successful loan officer?” In simple English, the author explains some of the most effective strategies he teaches to other loan officers. “Jump Start” covers all the marketing essentials you need to start generating loans today. Implement the 30 Day Plan for a crash course in mortgage success.
Did you know that your home is NOT the biggest purchase you’ll ever make in your lifetime? Your mortgage is your biggest lifetime purchase. At today’s rates, the MORTGAGE INTEREST you pay your friendly lender will be MORE THAN TWICE what you paid the seller for your home.
The book covers all of the vocational skills required of the loan originator, but also includes all Federal law, ethics, predatory lending and fraud components required by the Federal SAFE loan originator licensing Act of 2008. Published since 1992, and updated annually, this 390 page textbook was written as an answer to the “sink-or-swim” training methods of many mortgage firms. The format is designed to give the newly initiated loan officer/agent, lender, processor, or other initiate the practical information they need to do the loan officer’s job.