Forex Digest

... because my boss is lazy and still hasn't renewed his residential license therefore deals are literally slipping through our fingers.
How long does it generally take to get one?

Virginia requires you to have a home office in their state. Costs for a MBL are not much money at all. If you're tired of letting loans slip through your fingers, drop me an email. You can run them through my shop for a reasonable flat fee, regardless of loan size.

2007-12-05 08:21:09 by samrayiii

Here is how to get a mortgage broker license in most states. Mortgage Broker Licensing in every state is very different. Somes states are very ...

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

2006-11-26 15:42:03 by csrivas21

I already have a license in ME for about a year now. MA is not a brick and mortar state so i do not intend to have an office there.

you need to take exams and find out where to apply to.. call a bank to find out or research the web..

2006-07-19 05:02:27 by benedictus

I want to do a mortgage for a property I am buying and then charge points to the buyer which is me, but finance those points over the term of the loan so I have that cash up front. I dont mind paying income taxes on those points. Is this possible? is there any way i can do this type of transaction?

A mortgage broker that has himself as a client has a fool for a client.

Normally you can deduct points and fees charged for obtaining a mortgage.

You should check with your tax consultant for tax matters and an attorney for legal matters.

Yes you may do as you want in regards to the points. Some lenders will set the maximum amount of points you may charge.

You might check with you lenders you are approved with to see what their policy is in a mortgage broker securing a loan for himself.

What state are you located in? That might have something to do with lenders being able to allow mortgage brokers to do loans for themselves.

I hope this has been of some use to you, good luck.

"FIGHT ON"

2008-10-01 13:05:59 by senzualsindhique

I know the market is tough and slow. Can anyone offer advice on obtaining work and experience?

We are always looking for new talent. Feel free to check out our website at www.achievablemortgages.com. It will give you an idea of the type of loans we do and the commission structure. If you like what you see, give us a call at the office, ( on the website ), and ask for Larry. If I don't hear from you, good luck to you. The market has slowed, but there is plenty of business out there for honest brokers willing to put some work into it. I look forward to speaking with you.

2007-12-06 10:10:51 by ac