I heard they make 1?f the loan amount. so if 4 people take out loans for 500,000. 1?s 5,000. so a mortgage consultant could make 20,000 a month?
I am looking to purchase my first home in the summer with my brother. We both make very good salaries, but we're trying to steer towards an 80/20 loan. I was figuring an interest rate somewehere in the 6.5?.25?rea for the 80/20 respectively. Also, we will both be below the 28?ITI threshold, and 36?TI threshold. We both have great credit (both over 700), and over 5 years credit history. However, we don't have enough for a 5?own payment in our market. Are these interest rates realistic? Is it even possible to get an 80/20 loan now due to tightenings in the mortgage industry? What would be the best way to obtain the loan, through an online site or through a mortgage consultant?
I am currently working for $19hr in a customer service company. NACA mortgage consultants starts at $12 however with room for commission of $700/$900 each closed loan. The complany explains a consultant can close about 3 to 5 loans a month. DO you think is worth leaving my old job that is paying me $19hr? would it truly be worth it in the long run?
NACA is a non profit organization that provides loans for low income and middle class individuals.
I am interesting in working in Real Estate ( CA) and I am trying to find a list/website with at least some description of possible careers within the field to look over to determine what area of real estate would suit me best. For example: Sales, Appraiser, Mortgage, Consultant, etc.
I'm aware of the general well known fields listed above - but would like to know any/all options.
A general internet search only gets me to actual job openings. And that is not what I am looking for.
Thank you for your time.
In job tasks and in salary/commission.
Is there a difference? Or just it just 2 terms that describe the same postion ( generally)
My mom has two jobs which are a massage therapist and a mortgage consultant. Also my mom is a single mother. We go to vacations world wide every year and we are able to buy new clothes and go out to eat every year. Is my family between middle class and upper class?
I am a mortgage consultant and I find mortgages for people. People with credit scores of 480+. That is hard work you know. I do this in Canada and usually these people already have a home and some equity that we can leverage some security against. Most of these people understand their situation quite well and know they are just above bankruptcy. If these people would simply give up their vices for 1 year they would have some money and start to gain some ground in the financial department of their lives.
Please tell me a little bit about what they do, salary, college degree, and is the job boring? Thanks!!!
I have a job interview with them as a mortgage sales consultant. It'd be my first job out of college. Leads given to me every day, no cold calling. Base and commission, benefits, etc. Any tips, hints, suggestions for the interview? Is it even a good job? Thanks!
Working as mortgage consultant on verge of losing my job how can i start in fiancial marketi have Cemap/CEFA dont want to be in sales any more
I've been an assistant to a mortgage broker for the past two years. I just turned 21 and I find that the real estate industry is very facinating yet very stressful at times. But I find that if I can become an underwriter that this will help me to become a mortgage loan consultant in the future or account executive. Any advise out there would be welcomed. Yes, I'm looking for a new job but I want one that will help me become a mortgage underwriter.
I have a friend that was an assistant to a mortgage broker and managed to get a job at BofA where they trained her to become an underwriter without first having been a jr. processor---what luck. HELLLLP. I don't have many contacts. ;-)
I'm entering my junior year in college going for my bachelors in business administration / economics and I really don't think I want a management position when I start my career. What other jobs can you get with a business degree that doesn't involve management?
I am desperate to stay in our school district for my kids sake. I am desperate to leave my situation away from my boyfriend, also; for my kids sake. I now have bad credit (most is 5+ yrs old) and just started a descent paying job that will become commission based. I feel that purchasing is smarter than renting. So, I wonder if one has to have good credit, job stability, and/or money down to purchase a home. Or which is most important? I am working on all of the above and obviously it takes time. So, I need to figure out the best first, second, third and so on, move.
I mean like what do they do when they work. like janitors clean buildings. what do they do. and If you know how much do they make? and what do you need to get that job. I just thought they were really good jobs and I was wondering about them.
I'm 22 years old, and currently in a dead end job, i left college because the last thing i wanted was to spend the rest of my life fixing computers.
So I’m wondering if anyone out there knows what good, stable careers are, I’m a little scatter brained about this, every day I think of something new to be, recruitment consultant, mortgage advisor, financial advisor, management… I have no idea what I really want to do! All I know is, I want to have a safe and secure future, and I’m willing to study for it.
I was going to be a freelance photographer but my eyes are starting to go, so this has put me into a bit of a frenzy to find a new career, if anyone has any good idea’s I’d love to hear them!
I’ve also heard about lists that predict good careers for the future, if anyone has any of those that’d be great.
I want to work in an office but I don't know what the specific job titles are? What are some things I can do at an office? What can I become at an office? What classes can I take?
I am always looking for new ways to bring in business.
Assuming all the bills are paid that month. Is it better to pay extra into a mortgage, open a savings or a CD or invest with a broker?
If you own a house assessed at about 400k, how much down payment would you need to put on a house costing in the 800k-900k, and how much will be a typical monthly mortgage. Also, do you need a solid job to get a mortgage on your second house if you own your first house? Thanks to all.
I am trying to break into the banking industry. I have a business degree and am currently working for a mortgage broker. I have experience as a mortgage broker and am assisting the BDM with on the job training of new consultants to complete applications, capacity tests and ensuring all requirements are met before sending to the bank. I am also working in administration to process loans to the bank and monitoring of existing clients homeloans.