Answers
How much does the average Mortgage Broker make around Orlando, Florida?
What do you do to get the license? Any links to recommended courses?
Thanks guys!
Its usually all commission so it is hard to say what you will make. The commission for a new broker can start as low as 20-40% of the broker fees charged. Sometimes going for a repudable company that pays a lower commission makes sense, especially if they provide leads.
As far as licenseing, take a 24 hour course (usually can be taken in a weekend) pass a background check and pass the exam .
Good Luck!
David Harrison Licensed Florida Realtor Mortgage Broker - Helping Buyers and Sellers in Central Florida 1-800-505-3526
I want to make an offer on a property in Florida but would like to be pre-qualified first. It has a mobile home on it and I don't know if I will need a construction loan or rehab loan? What's the best way for me to proceed?
Contact a local real estate broker in the area. They will know who deals with the FHA.
I live in gainsville,florida I have an oppurtunity to work with a good
company. I need to get my mortgage broker class, and I know you have
to get an application and fingercard from the state but I need to take
the 24 hour education course and im not sure where to go online for
where I lif3 ifrec doesnt have a class lcation in gainesville. Can
anyone give me a site I can go to a register?? Thanks!!!
Go to the state website for licensing. there is a list of approved schools
There isn't any websites you have to go to Florida and take the state test in person.
I just get the Florida Mortgage Broker License and I want to do part of my ads with your response. I will really really appreciate your inputs and help.
Also, tips in how to get clients for this busines and in real estate because I get the license in Florida too in these days.
I am completly new in this business areas and need orientation from real people who really knows these areas and want to help.
Thank you very much and I will appreciate any help.
Att.,
Carlos
You should check out Brian Sacks' Website at:
http://www.loanofficersuccess.com
Cioffi 'Upset' When Told Bear Wouldn't Permit Florida Loan Lien
Oct. 27 (Bloomberg) -- The head of Bear Stearns Cos. hedge funds testified that Ralph Cioffi got “upset” when told the company wouldn’t authorize him to pledge his $6 million holdings in the funds he managed to secure a line of credit for a Florida condominium development.
Greg Quental , then global head of hedge funds at Bear Stearns and Cioffi’s supervisor, testified as a prosecution witness at the securities-fraud trial of Cioffi and another former Bear manager, Matthew Tannin .
Quental described meeting with Cioffi in late 2006 after Laurence Godin, the firm’s general counsel, told him Bear Stearns wouldn’t approve Cioffi’s lien against the funds. Quental said Cioffi threatened to go to the firm’s co-president, Warren Spector .
“Can you tell us how Mr. Cioffi reacted when you told him Bear Stearns would not give its consent?” Assistant U.S. Attorney James McGovern asked Quental yesterday during the trial in federal court in Brooklyn, New York.
Fort Myers Real Estate School: Florida Mortgage Broker and Loan ...
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News
Cioffi 'Upset' When Told Bear Wouldn't Permit Florida Loan LienBloomberg - Oct 27, 2009
ReutersCioffi 'Upset' When Told Bear Wouldn't Permit Florida Loan LienThe funds, which invested most of their assets in subprime- mortgage-related securities, failed when prices for collateralized debt obligations linked to US-BUSINESS Summaryall 38 news articles »
Subprime Blogger - Oct 27, 2009
With the expiration on the tax credit looming, November 30th, many real estate agents, mortgage brokers and homebuilders are pushing lawmakers to send the and more »American Chronicle - Oct 26, 2009
Puget Sound Business JournalHouk called the number on the card, reached an independent mortgage broker in California, and made all the arrangements over the phone. Bad CompanyIn a Cold, Skeptical World, OJ Simpson Found Someone Who Believed in Him all 8 news articles »
NPR - Oct 27, 2009
Capital FMNow, Gonzalez is wondering how to pay rent and, at the same time, a mortgage for a house they can't live in. He says he called the bank and asked for help. Insurers drop policies over Chinese drywallNational Gypsum not tainted by drywall complaintsUS safety chief says China helping on drywallall 233 news articles »
Bloomberg - Oct 27, 2009
New York TimesLawmakers are under pressure from real estate agents, mortgage brokers and homebuilders to extend the $8000 credit before it expires Nov. 30. First thoughts: Public option or bustall 2,258 news articles »