What about the loan originator licensing? What about the HUD restriction on allowing loan originators to do HUD loans if they are employed in other conflict of interest fields?
I have been a dual licensee, both real estate broker and mortgage broker, in CO since 1994. My full service real estate company and mortgage company are two separate corporations. I use an Affiliated Business Arrangement disclosure. My clients love the convenience and expertise of being able to obtain both services under one roof. I highly recommend becoming a more knowledgeable professional by diversifying yourself and obtaining both licenses.
Here in Denver, American Financing spends millions of dollars a year advertising on radio and TV with John Elway as one of their spokesmen, and every ad always highlights that their LO’s are salary based and don’t earn commissions. When a client tells me they are talking with a LO at American Financing too, I always tell them this–the American Financing LO who earns a salary has absolutely NO incentive for your loan to close or close on time. I have as much incentive as you do. Who do you want on your team? This always blows a consumers’ mind.
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The National Association of Mortgage Brokers is the voice of the mortgage industry representing the interests of mortgage professionals and homebuyers since 1973.
In addition to mandating members adhere to a professional code of ethics, NAMB provides mortgage professionals with education opportunities, and offers rigorous certification programs to recognize members with the highest levels of professional knowledge and education.
Ryan Hills and his team over at the RESource are great friends of ours. Tune-in their latest weekly episode right here on the home page of the National Real Estate Post. Ryan delivers fantastic content beneficial for both mortgage and real estate professionals.
Andrew Berman is a wonderful friend of the NREP Daily. His MNN shows are always insightful with great guests. Be sure to tune-in to MNN right her on the National Real Estate Post to see what Andrew has in store for you. Great content for mortgage and real estate pros alike!
Shred Media is the first professional development agency for the real estate & mortgage industry. Shred Media was created for industry professionals by industry professionals. We understand that you have to stand out to stay relevant to today’s consumer. That is why we are hustling daily to build a community where today’s top influencers and thought leaders come together to collaborate.
Two of our favorite guys over here at the NREP Daily. Ray and Dan are true leaders within the real estate industry and their weekly shows prove it. They bring great content and amazing guests to you in a fun and interactive way. Be sure to visit them by clicking the button below so you get notified when they go "live" on Facebook. Trust us, these guys are great!
What about the loan originator licensing? What about the HUD restriction on allowing loan originators to do HUD loans if they are employed in other conflict of interest fields?
I have been a dual licensee, both real estate broker and mortgage broker, in CO since 1994. My full service real estate company and mortgage company are two separate corporations. I use an Affiliated Business Arrangement disclosure. My clients love the convenience and expertise of being able to obtain both services under one roof. I highly recommend becoming a more knowledgeable professional by diversifying yourself and obtaining both licenses.
Here in Denver, American Financing spends millions of dollars a year advertising on radio and TV with John Elway as one of their spokesmen, and every ad always highlights that their LO’s are salary based and don’t earn commissions. When a client tells me they are talking with a LO at American Financing too, I always tell them this–the American Financing LO who earns a salary has absolutely NO incentive for your loan to close or close on time. I have as much incentive as you do. Who do you want on your team? This always blows a consumers’ mind.