Your successful career as a mortgage broker / David Reed.

Format:

Book

Author/Creator:

Reed, David (Carl David), 1957-

Language:

English

Subjects (All):

Mortgage brokers--Vocational guidance--United States.

Mortgage brokers.

Physical Description:

1 online resource (256 p.)

Edition:

1st ed.

Other Title:

Mortgage broker

Place of Publication:

New York : AMACOM, c2007.

Language Note:

English

Summary:

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.

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.

Notes:

Includes index.

ISBN:

1-281-12813-9

9786611128135

0-8144-0081-7

OCLC:

163575163