Becoming a mortgage loan officer, or MLO, specifically with an independent mortgage broker in the wholesale channel, is a promising career path that offers flexibility, unlimited earning potential, and growth.
Read MoreAre you thinking about transitioning into the mortgage industry but feel lost with some of the terminology? Or maybe you’re already an independent mortgage professional and just need a refresher — in either case, this mortgage glossary can help you make sure you’re not missing out on ways to help your borrowers (or your business)!
Read MoreAn independent mortgage broker is a business owner who works alone or with a team to originate home loan approvals for borrowers from wholesale lenders. One of the reasons it’s great? Your success is relationship-driven and determined by your passion and enthusiasm. If you think you might be interested in starting your own business as an independent mortgage broker, read on to learn the five top things you should know.
Read MoreThe mortgage industry has been incredibly strong over the past couple of years, and the need for staffing is at an all-time high. This includes a wide array of entry-level mortgage jobs such as loan officers, loan officer assistants and loan processors, particularly on the wholesale side of the industry with mortgage brokerages.
Read MoreOpening up your own mortgage brokerage shop is an exciting time, but it can be prolonged if you’re not pushing through the licensing approval process. To avoid additional delay’s, here are some tips of what you can do while you’re waiting for the final MU1 license approval.
Read MoreIn simple terms, a mortgage loan officer, otherwise known as an MLO, helps borrowers obtain a loan for their home. They work with home buyers or those looking to refinance their mortgage by reviewing potential loan options and helping them understand the rates and terms associated with each.
Read MoreThe Nationwide Multistate Licensing System (NMLS) helps you navigate the mortgage broker licensing process with confidence.
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