I Do i need to take Mortgage Broker classes and be certified?
I am wondering how you start a mortgage biz? I would like to provide
loans to prospective home buyers. Of course, i will develop a
relationship with a bank(lender)to provide them customers. So how do i
get my cut from this? I guess i am more of a 3rd party. Is this what
mortgage brokers do? It just seems like a very good biz. I believe i
can target people who have low credit, not much money, etc. but want
to buy a house. Do i need to take classes and be certified? I have an
MBA.
- Almost all states require a license of some kind to be a mortgage
broker, which is what you are proposing to do. In some states, notably
California, the license required is actually a real estate broker's
license. The requirements for this can