Buch, Englisch, 258 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 424 g
Buch, Englisch, 258 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 424 g
ISBN: 978-0-8144-7370-2
Verlag: AMACOM
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. Aspiring mortgage brokers will also discover how to: - Quote interest rates - Get approved by wholesale lenders - Negotiate the steps of the loan process - Market and prospect successfullyDetailed and informative, Your Successful Career as a Mortage Broker is an invaluable tool for creating a brilliant career in an ever-changing, ever-growing field.
Autoren/Hrsg.
Weitere Infos & Material
Contents Preface ix Part I Getting Started 1 Chapter 1 The Mortgage Loan Officer and His Team 3 Chapter 2 How Do I Get Started? 16 Chapter 3 Mortgage Banker vs. Mortgage Broker 20 Chapter 4 The Loan Application and Process 36 Chapter 5 Types of Mortgage Loans 69 Part II The Basics of the Job 93 Chapter 6 Loan Prequalification and Approval 95 Chapter 7 Loan Documentation 102 Chapter 8 Interpreting Credit Reports and Credit Scores 110 Chapter 9 Interest Rates: How They’re Set, How To Quote Them 123 Chapter 10 How Brokers Make Money 137 Part III Making Yourself Successful 149 Chapter 11 Marketing Yourself 151 Chapter 12 Marketing Secrets from the Pros 159 Appendix A The 1003 and Disclosure Forms 181 Appendix B Ten Steps to Becoming a Successful Mortgage Loan Officer 198 Appendix C Ten Steps to Becoming a Megaproducer ($250,000 per year) 199 Appendix D Sample Marketing Pieces 201 Appendix E Industry Resources 205 Appendix F State Licensing Chart 210 Appendix G Payments Per Thousand Dollars Financed 218 Glossary 227 Index 241
