Can one broker small business loans to bank resembling a mortgage broker do near home loans?
I am a mortgage broker and want find out how I can fund small business loans too. can I broker them to banks?
Answers:
I have sold money in one form or another for 30 years. and I clearly remember when the mortgage bank industry started down the road to hell, which is always paved next to "good intentions" from politicians, that was starting surrounded by 1994, and the states i do business in like Ohio arrived contained by Hell, about 1998.
There are still today 4 times the number of mortgage professionals than are needed, and only 80% are incompetent as unwilling the 12 fold excess of "real estate professionals", of whom 97.5% are full blown flaming utter IDIOTS.
now ignorance, is a curable condition, but stupidity is ingrained forever.
the answer to your put somebody through the mill is yes, but it is much like a which doctor trying to do brain surgery. Source(s): me, i own my own firm. every day we do loans from $5,000 to 5 Million or more any as broker, corospondent, or direct lender. we do loans you have never even dreamed exsisted.
if you have brains backbone and gonads conceivably, if not move on this is no place for restrained weights.
Broker, no. Refer and get a referral duty, yes.
Business loans are a lot more complicated after mortgages. Take a business course at your local community college before you try this.
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Answers:
I have sold money in one form or another for 30 years. and I clearly remember when the mortgage bank industry started down the road to hell, which is always paved next to "good intentions" from politicians, that was starting surrounded by 1994, and the states i do business in like Ohio arrived contained by Hell, about 1998.
There are still today 4 times the number of mortgage professionals than are needed, and only 80% are incompetent as unwilling the 12 fold excess of "real estate professionals", of whom 97.5% are full blown flaming utter IDIOTS.
now ignorance, is a curable condition, but stupidity is ingrained forever.
the answer to your put somebody through the mill is yes, but it is much like a which doctor trying to do brain surgery. Source(s): me, i own my own firm. every day we do loans from $5,000 to 5 Million or more any as broker, corospondent, or direct lender. we do loans you have never even dreamed exsisted.
if you have brains backbone and gonads conceivably, if not move on this is no place for restrained weights.
Broker, no. Refer and get a referral duty, yes.
Business loans are a lot more complicated after mortgages. Take a business course at your local community college before you try this.
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