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What do mortgage brokers do?
What do mortgage brokers do. .
Mortgage brokers do not lend money.
The have knowledge of the lending market, and guide potential buyers, who need to find a mortgage to purchase a property.
The...
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Is a mortgage broker the same as a mortgage underwriter?
A Broker is NOT the same as and Underwriter (U/W). The Broker usually owns the mortgage company. He contracts with several companies to write loans for their companies. Once these loans are written...
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Can a broker be both a broker and reinsurance broker?
Are you pertaining to being both a direct insurance and reinsurance broker at the same time? It probably depends on the Insurance Laws in your country. In the Philippines, you can be both a direct...
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How do reverse mortgage brokers get leads?
They can buy them, set up a website, advertise through radio, TV, billboards, direct mail etc. Get referrals from other professionals etc. Lots of ways to get the leads, the key is being effective...
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How can you increase your mortgage broker services?
The easiest way to increase your mortgage broker services is to go into commercial mortgage brokering. There is a fantastic book that provides you with all the information you need to make the...