Is there a good resource for education on becoming a mortgage broker ( I am familar with Loan Origination /lead generation some light investing .
How can become familar with presenting a good loan to a lender?
Are there tricks of the trade ? I have the netwroking exp and credit exp . I just need more help to get going

I’m seriously considering becoming a mortgage broker. What are some ways I can pursue this career.

I am a Mortgage broker working on a deal for the past 8 months My cleints refused to sign the closing documents? Can I put a Lien on the property for my professional services rendered?The clients have gone crazy. They are being influenced by someone who indirectly trying to take theri property away from them>

What can a mortgage broker do for me that I couldn’t do shopping around for morgage rates myself?

How long do you think it would take if I pursued a realtor/mortgage broker career full time and not half a$$ it, for me to begin making six figures

I’m looking for any type of Federal Law that spells out an ethical guideline or code of conduct that every mortgage broker is subject to. and/or a state one (Michigan)

I’m interested in a townhouse where the seller will only pay my closing costs if I go through her husband who is a mortgage broker. He’s listed as the "preferred lender" Is this on the up-and-up? He says he’ll give me as good a deal as any of my pre-approval offers.

I am a victim of a predatory mortgage broker and a predatory mortgage lender. The mortgage broker claimed to be the lender.
The lender presented himself to me as the Servicer of the loan, when the lender was in fact the lender and the servicer of the loan. I end up paying the broker 2times, because the lender paid the broker his commission out of my loan, and the broker make me pay a second time thru a fictious escrow to justify the expenses.
The lender charged me high interest rate, abusive prepayment penalty, buy down point and I end up with loosing my 2home. do i have any recourse?

I recently applied for a home loan, but the broker told i need it a higher score for a better mortgage rate. The broker offer to fix my credit and get me the preaproval. I am still not convince that the broker can do this for me.

What states do you not need a license to be a Mortgage Broker or Loan officer?

I am buying first home and I am confused. My broker e-mailed me a 28 page document to sign and the numbers are nothing like what we discussed. The payment is .00 more per month then stated. The closing costs are over 2,000.00 more then what I thought and there is a paper for me to sign saying that they are not guaranteed to get me the best available loan out there for me.I am so confused and it is night time the office is closed. I don’y know if I can sleep tonight. Can anyone weigh in on this situation? Also not to mention my realtor is MIA. Another vacation, no one to turn to. I am a single mom and I wish I could find a loan that would possibly require less closing costs? Live in texas

past 6 weeks paid £300 for solicitors fee via mortgage broker. they cannot give me time frame when all will be completed. Can I ask back for my money?

Can you use another mortgage broker if one already gave you a quote? One mortgage broker said something completely different than the other and I don’t trust this one. can I do that? Will it mess up my credit?

Who is it better to talk to about getting our first mortgage. A bank or mortgage broker?

I don’t know if my mortgage broker gets anything out of recommending this particular insurance agent. I know that I trust my broker and believe he’s being honest in his recommendation. What I don’t get mostly is why this specific woman can give me the best rate. She is part of the State Farm Insurance agency, so would anyone from that agency give me the same price? I dunno, what do you think of the whole thing? Thanks.

I need a mortgage for my first home. I have excellent credit (FICO score 780), steady income and job, and I can put 20% down. In my case, is it better to go to a bank or to a mortgage broker company (the ones that compare many different lenders)? Or even LendingTree?

Thank you — being a first-time borrower is scary!

I’d like to start something out of my home and thought this would be a new challenge. How hard is it to get in? What initial procedures do I need to take in order to become a mortgage broker?

What are the liabilities of a mortgage broker?

My boyfriend is in the process of getting a home loan and his mortgage broker asked that the check for the earnest money be made out to her. I thought that the earnest money deposit was always made out to either the Title Company or Escrow Company. The check has already been cashed and I asked my boyfriend to get a copy of the front and back of check so we can see if she endorsed it and deposited into her own personal account. I’ve finally convinced him that he needs to pull out of this deal because her high pressure tactics seem shady and unethical. Every time he calls to withdraw, she finds another way to convince him to purchase the house. At one point she told him to just go through with the purchase of the house and she will buy it back from him two months.

Any advice would be greatly appreciated because my boyfriend is not listening to me.
The house that he is purchasing is a hud home and the title is held by the Secretary of Veterans Affairs. She’s an actual mortgage broker and is only representing my boyfriend but if I’m not mistaking, with a mortgage broker they usually shop around your application to numerous lenders until they can find the best lender who will provide the broker with the best incentives.

I was taken for a ride by a mortgage broker. He lied to me about the terms of my loan, lied on my application about my income, and lied about numerous other things. Now I am stuck in a horrible loan where my pricipal is rising unless I make this enormous payment. I can’t afford my payment and I also can’t afford a ton of legal fees. I filed a complaint with the attorney general of my state, but that didn’t do much. I need help!!!

and what costs would i be entitled to when it comes to the sale. title company? mortgage broker?

I’m interested in becoming a license mortgage broker in Indiana. What is the best way to go about this? In California we have to get our Real Estate Salesperson’s License. Not sure what the procedure is in Indiana.

My mortgage broker has told be that I am pre qualified for a home loan. He has told me what my interest rate will be. I’ve found a home, but know I should be asking more questions before closing. Can anyone help? I don’t want to get to closing and find out I could have done something to improve my interest rate or even worse cant close.

I live in Washington State. In August we found a house to buy and started using a mortgage broker we felt comfortable with for our home loan. All was going well, he even gave the sellers agent a approval letter, until he actually tried to get the loan, then all of the sudden he couldn’t find one and we had to switch to a company that had more loan programs available to them. Anyways it turns out that he ordered an appraisal without even having a lender willing to take our application (In his words he ordered it when all looked like it would go through) Once we switched mortgage brokers, the new lender we were going with wanted their own appraisal which was paid for out of closing. Now the original broker is questioning us about paying for the first appraisal. Seems to me he jumped the gun and should eat the cost himself. Anyone know what the standard practice is here in my state?

A Loan Origination Fee is defined as: the points that you pay the lender for extending you a loan. A point equates to 1% of the mortgage loan balance; e.g., 0,000 at 2 points equals ,000. My question is a mortgage broker usually gets paid based on the size of the loan and they are known as the originator… so why would the lender get this money if it is called a loan origination fee.. so confusing…