Part of the dynamics and interactions that take place as part of this connection and exchange in this mediation-type role as a mortgage broker,  has to do with unearthing opportunity, matching up need with best-fit product, both big picture and little detail type problem-solving, comparison shopping, due diligence, networking and communication, interpreting documents, rate sheets […]

Mortgage brokers work with rate comparisons and approvals, assigning loans to a designated licensed lender depending on a couple of different factors, like pricing and expedient closing. Closing and servicing will most likely fall into the hands and lap, areas of responsibility of the lending institution, not the broker. The top wholesale institutions playing in […]

According to industry sources and statistics mortgage brokers participate in more than 68% of home loans originations. The remaining 32% is retail done through the lenders retail channel, which means the lender does not go through a broker. This clearly shows that the market and consumer population (masses), still prefer having the expert mediator speaking […]

Depending on which area, nature and scope of a mortgage broker’s activities, you will not be hard pressed to find someone who can help you transact and deal with these regulated financial activities pertaining to realty transactions, deals, documents and financing, or someone to learn from for that matter is this is your choice profession. […]

Many governments and states are modernizing the legislation that regulates the mortgage brokering industry. Proposed new legislation to replace the current Mortgage Brokers Acts keep making its way onto the books and into the marketplace with regards to all Mortgage Brokerages, Lenders and Administrators. Financial Services Commissions and other bodies  conduct technical reviews of mortgage […]

The question here is how to get a knowledgeable , full-rounded, skilled, licensed professional who can decode and decipher, capitalize and optimize what the realty market has to offer. Finding that one  stellar out-performer who is willing to go the extra mile for the interests of someone else, making helping others the real motivation behind […]

Typically there are a couple of questions home-owners, buyers, sellers and investors will have pertaining the role, risk/reward, valued contributions, ROI/ROR (return on investment, rate of return), they will get for dealing and transacting realty, with and through mortgage brokering. What is the purpose of a mortgage broker? Why use one at all? What are […]

Mortgage Brokering, as a profession, has their own set of rules and Code of Ethics and Conduct, that their professional practitioners agree to uphold, regardless of state, line of business, expertise, skill-level,  or niche specialty. Here are some examples of what to expect when working with and through a mortgage broker: –    Advice and disclosure […]

What does it take to be an experienced and specialized realty loan professional? According to most online sources, industry insiders and sector leaders, a mortgage broker’s main function and purpose, is and should be to acts as an go-between and go-to or intermediary that effectively sources mortgage loans, money, funding, capital, on behalf of individuals […]