Can anyone offer me some advice on how to become a mortgage broker?
I"m 24 years old and serving in the U.S. Air Force. I finish up my commitment in 13 months and plan on pursuing a career as a mortage broker. I'd love to learn the ins and outs of mortgages because I plan on investing in real estate some day. I know there are risks involved in this job because most mortgage brokers are paid by commissions only, but I believe I can do this. I would absolutely love any advice, comments, or encouragement. Thank you.
Asked By: Hi - 11/30/2006
Best Answer - Chosen by Asker
How to become a mortgage broker is the easy part. I'm guessing you want to sell as a rep for a mortgage brokerage, not actually starting up your own brokerage. That being the case, you don't need any licenses like a realtor or insurance rep, just a great work ethic and an open mind. So actually, "Anyone" that wants to... More
Answered By: Gary - 11/30/2006
Additional Answers (1)
It's a cyclic business and going into a slump right now. Some people are getting laid off (I know of one) Food for thought.
Answered By: Regular Guy - 11/30/2006
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