NLIC.org

Dora Said:

what questions to ask mortgages brokers/Lenders?

We Answered:

My advice is that you can probably get the same loan and same deal locally. Then if there is a difficulty it is easier to drive down there and meet face to face, pointing at the same paper, and work things out.

I have had several problems where out of town loan officers have avoided emails and phone calls and left me wondering what the heck is going on.

Buying a house is stressful enough without the loan process being a huge unknown.

I always suggest you ask several friends that have bought houses recently who they used and if they were happy. I suggest you pick one of those.

Phyllis Said:

do you know any tips to marketing a mortgage company? (Not for lenders but for mortgage brokers)?

We Answered:

Marketing to anyone starts with the basics: being able to answer the question "why should I do business with you." Spend some time thinking about that - what makes you better and different.

Then, you need to get attention so that you can deliver the message.

Once you've thought through your differentiators, check out the link below and see how well you've differentiated yourself.

Good luck and have fun,
Rex

Harold Said:

How much do mortgage brokers get paid?

We Answered:

My Mortage Lady who is a broker gets paid well over $6000.00 for all her work it's in the paper work U get so much 4 each job & papers that U file. Plus it depends on how much the sale is 4..Good Luck