Can you make a living as a part time mortgage broker?



Can you make a living as a part time mortgage broker?

Mortgage broking isn’t a shortcut to riches. Yes, you can make a great living but you have to put in the work. One of the biggest misconceptions is the idea of the “part-time mortgage broker”: at best, you can only start considering this 1 or 2 years into the role. What are the typical hours of a mortgage broker?

Can you get a job as a mortgage loan originator with no experience?

Can you get a job as a Mortgage Loan Originator with no experience? As the U.S. foreclosure rate continues to decrease, the demand for more Mortgage Loan Originators continues to grow. Making now a great time to start your career as a Mortgage Loan Originator (also known as a loan officer).

Can I get a home loan with a part-time job?

Qualifying with a part-time second job If someone with two jobs applies for a home loan, they will have a few more pieces of documentation to submit to their lender. Time on the job is the key factor. Most lenders need to see a two-year history of the second part-time job before they will count it toward total income for mortgage qualifying.

Is it a good time to become a loan originator?

As the U.S. foreclosure rate continues to decrease, the demand for more Mortgage Loan Originators continues to grow. Making now a great time to start your career as a Mortgage Loan Originator (also known as a loan officer). There are many great reasons to become a Mortgage Loan Originator. • Annual earning potential is upwards of 6 figures.