Find Cheap Or Free Mortgage Broker Training?
Q: I want to become a mortgage broker in either South Carolina, North Carolina, or Georgia. But I know next to nothing about what it takes to be one- ie. Where can I find cheap or free mortgage broker training? I know, an education is important, but I am below poverty level (illness) and need to find a way out of my situation. I have been also looking at becoming a real estate sales person, but brokering seems like a good idea to me, as I have a friend of a friend in the buisness now. That FOAF is willing to help get me in, but thats the extent of it- nothing much in the line of training- he is VERY busy!!!
A: - I went to a school operated by Real Estate Trainers, Inc., in my state. The cost was $200 plus the state charges for the various tests and license fees. The local community college also offers classes and gives college credits. I'm in California. You can not go directly from the street to being a broker in C
A: You have to be a sales person for some period of time before you can seek your broker's license. I think it takes 18 months. Yoiu can easily make the money you are thinking of as a sales person. -You can not become a broker without first obtaining a sales person license. I am not sure you would even want to attempt taking on the responsibilities of a broker without being a sales person. The regulatory agency (the state) isn't going to want a broker out there screwing over buyers and borrowers just because the broker is working without a clue. Get your sales person license, then gat a job. In a couple of years, you can work towards the broker's license.
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