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OverviewMortgage 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. 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 Mortage Broker is an invaluable tool for creating a brilliant career in an ever-changing, ever-growing field. Full Product DetailsAuthor: David ReedPublisher: HarperCollins Focus Imprint: Amacom Dimensions: Width: 15.20cm , Height: 1.90cm , Length: 22.90cm Weight: 0.385kg ISBN: 9780814473702ISBN 10: 0814473709 Pages: 240 Publication Date: 13 April 2018 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Paperback Publisher's Status: Active Availability: In Print ![]() This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsContents Preface ix Part I Getting Started 1 Chapter 1 The Mortgage Loan Officer and His Team 3 Chapter 2 How Do I Get Started? 16 Chapter 3 Mortgage Banker vs. Mortgage Broker 20 Chapter 4 The Loan Application and Process 36 Chapter 5 Types of Mortgage Loans 69 Part II The Basics of the Job 93 Chapter 6 Loan Prequalification and Approval 95 Chapter 7 Loan Documentation 102 Chapter 8 Interpreting Credit Reports and Credit Scores 110 Chapter 9 Interest Rates: How They're Set, How To Quote Them 123 Chapter 10 How Brokers Make Money 137 Part III Making Yourself Successful 149 Chapter 11 Marketing Yourself 151 Chapter 12 Marketing Secrets from the Pros 159 Appendix A The 1003 and Disclosure Forms 181 Appendix B Ten Steps to Becoming a Successful Mortgage Loan Officer 198 Appendix C Ten Steps to Becoming a Megaproducer ($250,000 per year) 199 Appendix D Sample Marketing Pieces 201 Appendix E Industry Resources 205 Appendix F State Licensing Chart 210 Appendix G Payments Per Thousand Dollars Financed 218 Glossary 227 Index 241Reviews.. comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com 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. <p> --The Midwest Book Review ..comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com . .comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com -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 -... The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner.- -Realty Times -..comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there.- - MortageDaily.com -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 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 .. comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com 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 .. . The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner. -Realty Times 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 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 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 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 . .. The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner. - Realty Times 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 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 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 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 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 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 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 ..comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com . .comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com -..comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there.- - MortageDaily.com -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 -... The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner.- -Realty Times -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 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 .. comprehensive look at how to become a mortgage originator, which route to take to success and what it takes to get there. - MortageDaily.com 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 .. . The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner. -Realty Times 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 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 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 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 . .. The one common-sense book every mortgage loan officer should have on their desk... Another long-term winner. - Realty Times 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 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 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 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 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 Author InformationDavid Reed (Austin, TX) is a veteran mortgage banker who has closed more than 1,000 mortgages. He is a columnist for Realty Times and Mortgage Originator Magazine and is a member of the Mortgage Speakers Bureau. He is the author of Mortgages 101 (0-8144-7245-1), Who Says You Can't Buy a Home (0-8144-7340-7), and Mortgage Confidential (0-8144-7369-5). Tab Content 6Author Website:Countries AvailableAll regions |