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Your Profitable Profession as a Mortgage Dealer By David Reed

Your Profitable Profession as a Mortgage Dealer By David Reed

Ebook assessment: Your Profitable Profession as a Mortgage Dealer By David Reed, Amacom: American Administration Affiliation, 1601 Broadway, New York, NY 10019, ISBN 0814473709 , 978-0814473702 , $18.95, 240 Pages, 2007

David Reed’s latest mortgage title; Your Profitable Profession as a Mortgage Dealer rounds out a profitable on-going mortgage banking profession and his earlier three mortgage-related books. Based mostly in Austin, Texas, Mr. Reed writes mortgage columns for Realty Occasions and Mortgage Originator. For these contemplating a profession as a mortgage dealer, banker, processor, or underwriter, this guide is chock-full of the whole lot you should know earlier than taking the plunge into this thrilling discipline of labor.

Chapters cowl: The Mortgage Mortgage Officer and His Crew, How Do I Get Began?, Mortgage Banker versus Mortgage Dealer, The Mortgage Utility Course of, Kinds of Mortgage Loans, Mortgage Prequalification and Approval, Mortgage Documentation, Decoding Credit score Stories and Credit score Scores, Curiosity Charges: How They’re Set, Find out how to Quote Them, How Brokers Make Cash, Advertising and marketing Your self, and Advertising and marketing Secrets and techniques From the Professionals. Further options embrace a preface, a glossary, an index, and an intensive useful resource appendix The 1003 and Disclosure Varieties, Ten Steps to Turning into a Profitable Mortgage Mortgage Officer, Ten Steps to Turning into a Megaproducer ($250,000 + per yr), Pattern Advertising and marketing Items, Trade Sources, State Licensing Chart and Funds Per Thousand {Dollars} Financed.

I discovered the chapter on Mortgage Documentation particularly informative. In an age the place debtors can select to have all or none of their revenue or property verified to safe a mortgage, Mr. Reed does a wonderful job describing the method and alternate options for brand new or potential mortgage bankers or brokers.

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Your Profitable Profession as a Mortgage Dealer By David Reed

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