Your successful career as a mortgage broker / David Reed.

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 ban...

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Bibliographic Details
Main Author: Reed, David (Carl David), 1957-
Format: eBook
Language:English
Published: New York : AMACOM, ©2007.
Subjects:
Online Access:Click for online access
Table of Contents:
  • Preface
  • Getting started
  • The mortgage loan officer and his team
  • How do I get started?
  • Mortgage banker vs. mortgage broker
  • The loan application and process
  • Types of mortgage loans
  • The basics of the job
  • Loan prequalification and approval
  • Loan documentation
  • Interpreting credit reports and credit scores
  • Interest rates: how they're set, how to quote them
  • How brokers make money
  • Making yourself successful
  • Marketing yourself
  • Marketing secrets from the pros
  • Appendix A: The 1003 and disclosure forms
  • Appendix B: Ten steps to becoming a successful mortgage loan officer
  • Appendix C: Ten steps to becoming a megaproducer ($250,000+ per year)
  • Appendix D: Sample marketing pieces
  • Appendix E: Industry resources
  • Appendix F: State licensing chart
  • Appendix G: Payments per thousand dollars financed
  • Glossary
  • Index.