Anyone on a mortgage broker?

[kiki02]

What's the license needed and where would one start? Thanks. OK to PM me.

 

[DetroitDisney]

So you're looking to become a mortgage loan originator/banker/broker?

If so, just find a legit company. They will pay for your licensing/training. Also, look for an actual lender and not a broker, as they have far more staying power. The constantly increasing regulation is pushing brokers out of the market.

 

[bluespiano42]

You have to be sponsored by a company - they will tell you the process you need. In short, you will have to pass a background check, be fingerprinted and then take a 20 hour course then pass the NMLS national test as well as the state test for any state you want to be licensed in. 39 of the states have a Uniform State Test that is pretty easy, but as of April 1, the test increases from 25 to 125 questions.

I kind of oversimplified it as it is involved.

 

[MomToOne]

Anyone on a mortgage broker?

Well now, that's a little personal, isn't it?

Sorry, just couldn't resist.

Now back to our regularly scheduled "G" rated content...

 

[kiki02]

Well now, that's a little personal, isn't it?

Sorry, just couldn't resist.

Now back to our regularly scheduled "G" rated content...

Not really. Now if I'd asked your weight, age and / or how much money you earn, YES. And perhaps some members here need a job in the field.

lollll lmao couldn't resist