Mortgage Locator. Your Successful Career as a Mortgage Broker

Mortgage banking is one of the fastest growing industries in the country. In the next few years, home purchases are expected to run into the trillions, creating more opportunity than ever for people seeking a career in this profitable industry. Real estate author, columnist, and veteran mortgage banker. Mortgage Locator David Reed offers practical advice on licensing and educational requirements, as well as valuable guidance on the different career options available as a mortgage broker, mortgage banker, correspondent mortgage banker, and more. Aspiring mortgage brokers will also discover how to:
* Quote interest rates
* Get approved by wholesale lenders
* Negotiate the steps of the loan process
* Market and prospect successfully
Detailed and informative, Your Successful Career as a Mortgage Broker is an invaluable tool for creating a brilliant career in an ever-changing, ever-growing field.

Review

“Now, finally, we have a practical guide to help people get started in mortgage lending. David Reed's latest book, Your Successful Career as a Mortgage Broker, is not only the one common-sense book every mortgage loan officer should have on their desk, it also contains important information for borrowers....Reed, a Texas mortgage lender and a contributing columnist with Realty Times, has a long history of helping consumers....AMACOM, Reed's publisher, is also the long-time publisher of Mortgage Locator Your Successful Real Estate Career by Kenneth W. Edwards. The Edwards' guide is by far the best introduction to real estate brokerage for prospective agents and brokers. Now AMACOM has also published Your Successful Career as a Mortgage Broker and obviously has another long-term winner on its hands.”
-Realty Times

"... The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner."
-Realty Times

“In an age where borrowers can choose to have all or none of their income or assets verified to secure a mortgage, Mr. Reed does an excellent job describing the process and alternatives for new and potential mortgage bankers and brokers.”
--The Midwest Book Review

Mortgage Locator I was really pleased with this book! I've just recently gotten started as a loan originator and I found this book to be really well written with tons of information without getting boring. Obviously loans aren't the most exciting topic out there, but the author throws some humor and real-life stories that keep you interested and entertained. He goes into a lot of depth on the process that you will go through with your clients. There are examples of all the forms (disclosures, 1003, etc) and at the end of the book there are a few mini chapters written by other mortgage brokers that give some interesting tips on how to create more business and run a more efficient operation. All in all, this was a really good book and I would recommend it to anyone getting started in the business!

If you've ever thought about becoming a mortgage loan officer, then this is the book for you. It provides details on extactly what's involved, how you make money, and the all-important mortgage lingo. I wish I had this book when I was recruiting people to join my company. It gives them a head start on what the biz is all about.

Very practical guide if you want to get started as a mortgage broker
This book gives you a step by step approach on how to establish your own
practice in this industry; I wish more books were written like this one!
Very enjoyable to read. This author has done an excellent job and I would highly
recommend this book to any new or seasoned mortgage broker.