Your Successful Career as a Mortgage Broker
Amacom (Verlag)
978-0-8144-7370-2 (ISBN)
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. David Reed offers practical advice on licensing and educational requirements, as well as valuable guidance on the different career options available as a mortgage broker, mortgage banker, correspondent mortgage banker, and more. Aspiring mortgage brokers will also discover how to: * Quote interest rates * Get approved by wholesale lenders * Negotiate the steps of the loan process * Market and prospect successfully Detailed and informative, Your Successful Career as a Mortage Broker is an invaluable tool for creating a brilliant career in an ever-changing, ever-growing field.
David Reed (Austin, TX) is a veteran mortgage banker who has closed more than 1,000 mortgages. He is a columnist for Realty Times and Mortgage Originator Magazine and is a member of the Mortgage Speakers Bureau. He is the author of Mortgages 101 (0-8144-7245-1), Who Says You Can't Buy a Home (0-8144-7340-7), and Mortgage Confidential (0-8144-7369-5).
Contents
Preface ix
Part I
Getting Started 1
Chapter 1
The Mortgage Loan Officer and His Team 3
Chapter 2
How Do I Get Started? 16
Chapter 3
Mortgage Banker vs. Mortgage Broker 20
Chapter 4
The Loan Application and Process 36
Chapter 5
Types of Mortgage Loans 69
Part II
The Basics of the Job 93
Chapter 6
Loan Prequalification and Approval 95
Chapter 7
Loan Documentation 102
Chapter 8
Interpreting Credit Reports and Credit Scores 110
Chapter 9
Interest Rates: How They’re Set, How To Quote Them 123
Chapter 10
How Brokers Make Money 137
Part III
Making Yourself Successful 149
Chapter 11
Marketing Yourself 151
Chapter 12
Marketing Secrets from the Pros 159
Appendix A
The 1003 and Disclosure Forms 181
Appendix B
Ten Steps to Becoming a Successful Mortgage Loan Officer 198
Appendix C
Ten Steps to Becoming a Megaproducer ($250,000 per year) 199
Appendix D
Sample Marketing Pieces 201
Appendix E
Industry Resources 205
Appendix F
State Licensing Chart 210
Appendix G
Payments Per Thousand Dollars Financed 218
Glossary 227
Index 241
| Erscheint lt. Verlag | 13.4.2018 |
|---|---|
| Sprache | englisch |
| Maße | 152 x 229 mm |
| Gewicht | 385 g |
| Themenwelt | Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre |
| ISBN-10 | 0-8144-7370-9 / 0814473709 |
| ISBN-13 | 978-0-8144-7370-2 / 9780814473702 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
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